TDS ASSIGNMENT
Create a company with name of Jain and sons TDS detail is as follows:-
TAN No. DELJ12345R, DEDUCTOR TYPE – Company, NAME OF
REASPONSIBLE PERSON- JYOTI, and DESIGNATION – Manager ,PAN NO.
AAAFJ7415E
Create following categories of TDS
GOT----Accounts Info----Statutory Info----TDS Categories
Rent of Land & Building 10%
Interest 10%
Advertisement Contractors 2%
Rent of Plant & Machinery 2%
Audit Fees 10%
Record following Transactions
Introduced Capital of Rs.5000000 by Cash
Q.1 Due payment for Rent of building of Mr. Mohan (Individual/Resident) (land lord PAN no-
AAAPM1248R) 200000. Ref No- TDS/01. Deduct TDS and paid rest amount to party
Q.2 Due payment for Interest of Mr. Sohan (PAN no. AAAPS1248R) (Individual/Resident) 50000.
Ref No- TDS/02. Deduct TDS and paid rest amount to party
Q.3 Due payment for Advertisement (contract) of Navbharat Times (Company) (PAN no.
AAACN1248R) 300000. Ref No- TDS/03. Deduct TDS and paid rest amount to party
Q.4 Due payment for Rent of machinery of ABC and sons (Partnership Firm) (PAN no.
AAAFA1248R) 300000. Ref No- TDS/04. Deduct TDS and paid rest amount to party
Q.5 Due payment for Audit fees of CA Rohan (Chartered Accountant) (Individual/Resident)
(PAN no. AAAPM1348R) 50000. Ref No- TDS/05. Deduct TDS and paid rest amount to party
Q.6 Check pending amount of TDS
Q. 7 Pay TDS for the above.
