Journal entry of tds 2%
Bablu Gupta (10 Points)
14 June 2016
debtors RS-1164800/-
SERVICE TAX 15% RS-174420
Bablu Gupta (10 Points)
14 June 2016
CA Saurabh Singh
(Practising Chartered )
(974 Points)
Replied 14 June 2016
TDS liability would arise if we are making payment to someone, not on recipiet from Debtor.
The person making us payment would be liable to deduct TDS ie the Debtor
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