TDS Deposit Details – A summary of the activity

As the employer deducts tax from the employees, the same must be remitted to the Income Tax authorities at end of every month through a bank. Through this activity, you can record and modify the details of the amount remitted to the Income Tax Department. It involves specifying

• The date and the amount deposited.

• The bank in which the amount is deposited

• The date and the number of the transfer voucher.

Getting familiar with the pages inside

Prerequisites

The bank name must be defined in the “Bank Definition” component.

What you can do in this activity

Specifying TDS deposit details

Specify TDS deposit Details

You can specify the details of the amount deposited to the Income tax authorities. Specify the following:

• The date and the amount deposited.

• The bank in which the amount is deposited

• The date and the number of the transfer voucher.