Payment of TDS to Government (Challan ITNS 281)
1. Remitting TDS to Government (Challan ITNS 281)
On 02-May-2024 (valid Educational Mode date!), we remit the April TDS of ₹4,000 to the central bank.
- Go to Vouchers → Press F5 (Payment).
- Press Alt + S (Autofill) → Type of Transaction: Statutory Payment.
- Tax Type: TDS → Period:
01-Apr-2024 to 02-Apr-2024→ Section:194C. - Tally automatically pre-fills the ₹4,000 amount and credits your bank account. Press Ctrl + A to save.
Tally Prime With Tax Deducted At Source (TDS)
Module Progress: 10 of 11 Topics (91%)
91%
- Introduction to Tax Deducted at Source (TDS)
- TDS Sections, Threshold Limits & Rates
- TDS Deductor, Deductee & TAN Structure
- Enabling TDS in Company Features (F11)
- Creating TDS Nature of Payments
- Configuring TDS in Expense & Party Ledgers
- Booking Expenses & Deducting TDS in Journal/Purchase
- Handling TDS Exceptions & PAN Missing Cases
- TDS Deduction on Advance Payments
- Payment of TDS to Government (Challan ITNS 281)
- TDS Reports & Form 26Q Return Preparation