Easy Office

TDS Provision

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 May 2010 One of my Client had made provision of Expenditure after deduction of TDS on the expenditure on last day of the previous year. however before paying TDS it has come to the knowledge of the client that the liability is not payable and the expenditure needs to be reversed. Now is it possible reverse TDS along with the expenditure during the current financial year or once TDS provision has been made he has to pay TDS.
Profile Image

CMA.Palani Arumugam

Profile Image

CMA.Palani Arumugam (Expert)
20 May 2010 Since TDS payment is not made, You can reverse the expenses and TDS in the current year. No need to make the TDS payment.
Profile Image

CA Shailesh +91 9393926464

Profile Image

CA Shailesh +91 9393926464 (Expert)
21 May 2010 Not required to pay the TDS. One can reverse the provisional entry
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


easyoffice CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links