Page 51 - IC26 LIFE INSURANCE FINANCE

Interest A/c Dr.
To Debenture holders A/c

(ii ) For making payment of interest and deduction of tax at source

Debenture holders A/c Dr.

To TDS Payable A/c
To Bank A/c

(iii) For making payment of tax deducted at source

TDS payable A/c Dr

To Bank A/c

(iv) For Transferring interest to Profit and loss account
Profit and loss account Dr

To Interest A/c

Sashi Publications Pvt Ltd Call 8443808873/ 8232083010