tds receivable

laveena suranasur (student) (24 Points)

24 August 2017  
company raised the bill on client in Fy 16-17 and the client deducted TDs and deposited the same whereas the company received the payment in Fy 17-18 .When is the TDs receivable entry to be passed in conpany's book in fy 16-17 or 17-18?