Tax Deducted at Source Using Tally

5 hours course
Self- learning videos
Accessibility from multiple devices

Accessibility to content for 1 year
Lifelong access to Tally Job Portal
Industry- recognized Tally Certificate after completion

About the Course

The specialization course on TDS (Tax Deducted at Source) covers step-by-step instructions starting from Fundamentals to Practical of TDS including Basic Concepts, Various TDS Process, TDS on Expenses at Lower, Zero and Higher Rate, TDS on Work Contracts attracting GST, TDS on Income from Foreign Currency, Generating TDS Challan (ITNS 281), TDS Reports – Form and eFiling Form 26Q, Form 27Q.

The course is enriched with numerous real life business scenarios, charts, screenshots, observations and solved illustrations on TallyPrime. The professional course is structured in a blended format which gives you a flexibility to learn at your own pace while getting help from experts. As a Certified TDS Professional you get an edge among your fellow competitors in the job market.

Course Created by: Prompt Computers and Services Medium : English

Course preview:

COURSE DURATION

5 HOURS

Course Completion Certificate

Course Fee

INR 3600/-

INR 1800/-

Course Content

Module 1: Introduction to TDS

Basic Concepts of TDS
TDS Process
TDS Statutory Masters
Configuring TDS at Group Level
Configuring TDS at Ledger Level

Module 2: Basic TDS Transactions

Booking of Expenses in Purchase Voucher
Expenses Partly Subject to TDS
Booking Expenses and Deducting TDS Later
Accounting Multiple Expenses and Deducting TDS Later
TDS on Expenses at Lower and Zero Rate
TDS on Expenses at Lower Rate
TDS on Expenses at Zero Rate
TDS on Expenses at Higher Rate
Recording Transaction when TDS Exemption Limit is not crossed
Exempt in Lieu of PAN Available
Deducting TDS when Expenses are paid through Cash

Module 3: Advanced TDS Transactions - Part A

Accounting TDS on Capital Expenditure
TDS Transaction for Purchase of Software
Reversal of Expenses with TDS
Recording refund / adjustment in case of partial cancellation of service post TDS Expense Transaction
Accounting for TDS on Advance Payments against Transport
Recording refunds/adjustments when services are cancelled after making advance payment
Deducting TDS on Payments
Purchase escalation after recording TDS Transaction

Module 4: Advanced TDS Transactions - Part B

TDS on Works Contract attracting GST
TDS Deduction for Interest Payable
TDS on Interest paid towards Overdue Payments
TDS on Interest Paid on Loans Taken from parties
TDS on Payments to Non-Residents (DTAA)
TDS on Income from Foreign Currency, Bonds or Shares of Indian Company

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