banner_ad

TDS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
01 April 2021 Hi,

I have a query regarding TDS. I have made payment to contractor without deducting TDS. However I have made the TDS filing for the same. Now how I should adjust the TDS amount which is yet to recover from the contractor.
Journal entries for the same.
Profile Image

CA Puja Sharma

Profile Image

CA Puja Sharma (Expert)
01 April 2021 Party A/c Dr.
To TDS Expense A/c Cr. (Provided you have made the below journal entry at the time of payment of TDS Payable without deducting from the Contractor)

TDS Expense A/c Dr.
To TDS Payable A/c Cr.
Profile Image

Biju Nadesan

Profile Image

Biju Nadesan (Querist)
01 April 2021 Thanks Puja for the clarification
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details