Hi,
I have received an invoice and in the next month i received a credit note for the old invoice and a new invoice.
How should the tds paid already be dealt with.
Can i reduce the tds payable this month?
Writick Garodia (Employed) (42 Points)
22 April 2016Hi,
I have received an invoice and in the next month i received a credit note for the old invoice and a new invoice.
How should the tds paid already be dealt with.
Can i reduce the tds payable this month?
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 21 September 2016
It can be done since amount accounted is going tobe the lesser value after considering Credit Note.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
