Tds


This query is : Resolved 

(Querist)
03 April 2014 how do i show the TDS in closing of accounting years . i have to paid vendor . bill is for the month of march'14. payment for this vendor release in april'14. how do i treat the tds in books ?

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Guest (Expert)
03 April 2014 tds will b deducted either at the time of inovicing or at the time of advance payment... so u must deduct tds in following case which is early

advance payment or

at the time of invoicing

bishal (Querist)
03 April 2014 when did tds has been booked in accounts? in 2013-14 or in 2014-15 accounts


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