Practical Accounting Entry of Sec 194T | TDS on Payment to Partner

In this video, we break down the accounting journal entry for TDS deduction under Section 194T on payments made to partners. If you’re a CA, accountant, or business owner, this is a must-watch to avoid penalties and ensure correct TDS compliance! 👨🏻‍🎓FinTaxPro Practical Courses- 📖GST, ITR & TDS (Tax Combo) - https://fintaxpro.in/Combo 📖Tally, Busy & Account Finalization - https://fintaxpro.in/Accounting 📖ROC e Filing - https://fintaxpro.in/courses/roc/ 📖Trademark e Filing Course - https://fintaxpro.in/TM 📖Taxation for Share Market - https://fintaxpro.in/share 📖All in one Combo Course - https://fintaxpro.in/All 📞For Course queries call us at 7827521794 📞For GST Filing, ITR Filing, Trademark Filing, Trademark Reply, Company Incorporation, ROC Compliance, and other related services call us at 7048930220 or 9718097735 👉Email - [email protected] 👉Website - https://fintaxpro.in 👉Mobile App - https://bit.ly/3WJ63tX 👉Telegram channel - https://t.me/fintaxpro 👉Social Media - https://linktr.ee/fintaxpro 🔗Buy DSC - https://fintaxpro.in/dsc/ 🔗 Buy Excel GST computation sheet https://imojo.in/jy67ZG 🔗Buy TDS Calculator https://imojo.in/5Jv0gj 🔗Buy amazon profit calculator https://imojo.in/1FkCqbs 🔗Monthly Tax Newsletter - https://fintaxpro.in/newsletter/ ⚠ Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of YouTube videos. © Copyright Disclosure - As per Sec 52 of The Copyright Act,1957 Fintaxpro Advisory LLP shared this video with a clear objective to educate the public at large and thus constitute the fair dealing with content for the purpose of reporting of current events and current affairs, including the reporting of a lecture delivered in public. ⚠Data Disclosure Policy – FinTaxPro ensures that any client information, such as GSTIN, PAN, and Turnover, displayed in educational videos is shared only with the owner's consent and used strictly for educational purposes. All necessary permissions are obtained before publishing, and robust data protection measures are in place to safeguard the information. ©️Fintaxpro Advisory LLP #TDS #AccountingEntry #Section194T #PartnershipFirm #TaxCompliance #fintaxpro fintaxpro,Section 194T TDS,TDS on Partner Payment,TDS Journal Entry,Accounting for 194T,Income Tax Act 194T,Partnership Firm TDS,Tax Deduction on Partner Remuneration,Practical Accounting Entry,TDS on partner payment,TDS deduction on partnership firm,TDS journal entry,how to record TDS on partner payment,practical accounting entry TDS,income tax section 194T,TDS on remuneration to partner,partnership firm TDS rules,accounting for TDS on partner's income,TDS entry in tally,taxation for partnership firms,TDS compliance,how to deduct TDS on partner's payment,TDS on partnership firm,TDS on partner's salary,how to account for TDS,journal entry for TDS deduction,TDS practical example,accounting for TDS deduction Video Timeline 0:00 Intro to Topic 0:50 Effective date of sec 194T 1:06 Threshold limit for sec 194T 1:22 TDS rate for sec 194T 1:37 Payment covered under sec 194T 2:11 Non Applicability of sec 194T 3:25 Capital withdrawal entry in Tally 4:51 Salary Entry & TDS us 194T 12:47 Point of taxation for sec 194T 13:48 Reimbursement paid to partner & TDS compliance