Entry for tds for commission

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siva krishna (Querist)
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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)
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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.

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