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TDS deduction from payments & bills

This query is : Resolved 
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(Querist)
09 August 2008 We follow different Formula for tds on bill amount and on payment amount. Th logic on payment is that the payment will be after tds hence on payment we put reverse formula and on bill amount we follow direct formula

Is there any base of provision for this ?
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
09 August 2008 when you are maintain A/C's on mercantile basis then you will deduct TDS when entry is made in the books & paid to the tresury
on 7th of the following month
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