Accounting treatment for tds on sale of softwares
This query is : Resolved
31 October 2013
My client is a trader of softwares. During the year the co. has sold softwares on which TDS has been deducted. Should this be shown on an accrual basis (i.e, when the invoice is generated) or should the TDS be shown when the debtors make the payments??
reply asap..
reply asap..
CA Parul Saxena
(Expert)
31 October 2013
TDS should be shown when the invoice is entered....
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