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TDS entry of commission paid in cash

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27 September 2016 What will be the TDS entry of Commission paid in cash

27 September 2016 in the books of deductor
debit commission
credit TDS
credit cash
(At the time of payment of commission)

debit TDS
credit cash
(At the time of payment of TDS to Govt)

27 September 2016 and where will go the balance of Commission A/c.will it be transfer to P&L A/c or something else




27 September 2016 commission is expense no? if yes, it will go to profit and loss account.

27 September 2016 I already told you we are paying commission to our brokers

27 September 2016 Sorry, you never mentioned anything about BROKER...please read your query once again. Ok?
So read the answer and come back any further query.

27 September 2016 sir is there any difference between commission paying to broker and someone else??

27 September 2016 No, not really
Since you categorically mentioned that you already TOLD.....therefore I corrected your statement
commission can be given on various accounts....referral, estate agents, lottery, travel agent, education, whole sale market and so on so forth
anyway....the entries are clear?




27 September 2016 I may be wrong bcz I am novice.yeah sir all entries are clear now. and thank you so much for your answers

27 September 2016 you are most welcome.



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