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tax deductability

This query is : Resolved 

17 June 2008 whether tds entry should be made along with the entry of Provision entry,which is made on estimation basis at the end of each month

19 June 2008 NO because if the estimated liability is not a finite liability ( i.e. it's an adhoc liability)then in that case TDS question will not arise.

And hopefully u will be reversing the provision entry in the next month. so TDS entry need not be passed


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