part 25

20問 • 2年前

問題一覧

If we activate "Ignore IT Exemption limit for TDS deduction" from the Company Details screen of F11: Company Features Alteration, what will be the impact in Tally Prime?

TallyPrime will start deducting TDS right from the 1st invoice of the deductee.

As per TDS Law, ________ is a buyer and Deductee is a seller.

Deductor

Refer to the TallyPrime screen and find out the value appearing under the other payments (interest, penalty, late fee, etc)?

₹120

Which of the following statement is incorrect related to TDS Management provided in Tally Prime?

Computer TDS receivable amount

Which of the following TDS compliant transactions can be recorded in TallyPrime?

Booking of multiple expense and deduct TDS later, Booking of expenses which are party subject to TDS, Booking of expenses and deducting TDS when the exemption limit is crossed

In which of the following navigation paths, we cannot record TDS 'expenses voucher' in TallyPrime?

Gateway of Tally > Alt+G > type or select 'Journal Vouchers'

As on 20th June 2021, Mahesh Electronics Pvt.Ltd., received a bill 003 for ₹ 75,000 against commission expenses and the payment amount exceeds the TDS exemption limit. In this scenario, which of the following TDS Nature of Payment is applicable?

Commission or Brokerage

What is the navigation path to create the TDS Nature of Payment in TallyPrime?

From Gateway of Tally > Create > Under Statutory Masters > select TDS Nature of Payments.

Which of the following are the incorrect periodicity for filing TDS Form 26Q?

October to January, June to September

Refer to the TallyPrime screen and suggest which of the following option must be selected for making TDS payment to the department?

Alt+S: Stat Payment

While recording TDS payment to the Government , which of the following options will not appear in the List of Types of Payment in Tally Prime?

Downward Rounding, Normal Rounding

Which of the following option has to be activated in the Annual Maintenance Charges (expenses) Ledger to utilize the TDS transactions in TallyPrime?

is TDS applicable

Which of the following terminologies are related to Tax Deducted at Source (TDS) in TallyPrime?

TDS Nature of Payments, Deductee Type

Mr. Vinay, Accountant of Vishnu Motors Pvt. Ltd, maintained TDS transactions and wants to generate TDS Report in TallyPrime. Using the given options, re-arrange the correct navigation path to generate TDS Reports in TallyPrime? ● Gateway of Tally ● TDS Reports ● Statutory Reports ● Display More Reports

Gateway of Tally > Display More Reports > Statutory Reports > TDS Reports

Refer to the TallyPrime screen and find out the Types of Payment selected from the List of Payment types.

Interest

Refer to the Tally Prime screen and find out the payment to be made to AMR Tech Pvt.Ltd after deducting TDS on commission.

₹49,000

Using which of the following options we can define the Company TDS Deductor Details in TallyPrime?

From Gateway of Tally > Click F11 Features > Enable Tax Deducted at Source (TDS) to Yes > Company TDS Deductor Details., From Gateway of Tally > F11 Features > Ctrl+I: More Details > under Statutory Details > select TDS details > Company TDS Deductor Details

'Allow tax rate without PAN' option has to be enabled from F12: Configure of TDS Nature of Payment screen to mention the tax rate without PAN number in TallyPrime.

True

What is the format of the PAN number and it contains how many digits?

ASDCC1234A; 10 digits

What is the navigation path to activate the TDS feature in TallyPrime?

From Gateway of Tally > K: Company > Enter on Features F11 > Enable Tax Deducted at Source (TDS) to Yes

Part 4

Praveen Raj · 25問 · 2年前

Part 4