Tds
Querist : Anonymous
If i have the same person as sundry debtors as well as creditor. Eg. X is providing transportation service to Y & Y is providing CHA service to X. so For X, Y account will show both credit & debit balance. Now my question is On X account Y need to pay Rs.15L, X payable to Y is Rs.20L. X is adjsuting their book entry and ready to make payment of Rs.5L to Y. Now Is TDS need to be deducted on Whole 20L or Payable Amt of Rs.5L.
Expert : Anonymous
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Rental income gst and it purpose
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- FTS Taxable under 115A
- Experts need help
- Eway bill generation from place other than registeted
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
