Entry for tds for commission

This query is : Resolved

siva krishna (Querist)
Follow

16 August 2011 Dear Experts,
Our company received Form 16A from voltas Ltd towards TDS on commission under Sec 194H
for F.Y 2010-11 but we did not receive the commission cheque so i had taken only TDS amount in books of accounts now my doubt is whether my treatment is correct or i have to take commission also into books of accounts if so plz help me with necessary journal entries
Thanks in advance

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

16 August 2011 Pl pass the entry as follows:-
Voltas Ltd a/c Dr 900
TDS Dr 100
To commission 1000
(Being commission 1,000/- receivable
from voltas ltd and it tds accounted)
N.B :- figures put as an example.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

THUSHAR MURALI KRISHNA

ACCFIN SOLUTIONS

Vishal Kapadiya

Sagar Khakhiwala

JAYDEEP MITRA

Subscribe Now

Entry for tds for commission

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

CA Final

GST CONSULTANCY

Senior Executive

Accountant

GST CONSULTANT