TDS deducted @ 10% on consultancy charges paid to Mr. Ranjit Khurana of Rs. 60000 on 1.10.2016. TDS paid on 7.12.2016 along with interest. Pass entry for interest only. Pass the entry with tds simplify both entry due and payment.
Paid Rs. 45000 to M/S Menon associates for legal consultancy services provided to the company. Bill value was Rs. 60000 including reimbursement of expenses of Rs. 15000. (Explain this question simplify and TDS 60000 pe charge hoga ya fir 45000 pe)