entries related to tds
This query is : Resolved
CA Abhishek Tyagi
(Querist)
21 August 2008
Hi all,
I need to know the entries related to TDS. The issue is- one exp is disallowed due to non deduction of tax on the same. Now the client paid the tax on the same on the currnet year. Now how to show this in to the books
I need to know the entries related to TDS. The issue is- one exp is disallowed due to non deduction of tax on the same. Now the client paid the tax on the same on the currnet year. Now how to show this in to the books
21 August 2008
Party A/c Dr
To TDS Payable (AY 2007-08)
(Deduction of Tax at source)
TDS Payable (AY 2007-08)
To Bank
(Deposit of TDS into Govt A/c)
To TDS Payable (AY 2007-08)
(Deduction of Tax at source)
TDS Payable (AY 2007-08)
To Bank
(Deposit of TDS into Govt A/c)
21 August 2008
No Entries has to be passed for disallowance in current year...
and allowance in next year
and allowance in next year
CA Abhishek Tyagi
(Querist)
21 August 2008
Dear Mr. K.Kottai,
Pls help me out. Let me know wht kind of entries has to be passed in this case.
Pls help me out. Let me know wht kind of entries has to be passed in this case.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Non filing of I T Returns
- TDS on Fixed Assets purchased
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
