TDS Demand Adjustment
This query is : Resolved
03 February 2026
Hi,
We paid the Demand, for PAN Adhaar not linked of a person, and booked the extra amount of tds, in the previous year (journal entry for TDS payable), in that persons ledger...just wanted to know how we gonna adjust the amount deducted this year from his balance this year?
we paid the demand and subsiquently booked the amount of tds due in that person name in the previous year which makes TDS ledger a/c effect Nil...
We paid the Demand, for PAN Adhaar not linked of a person, and booked the extra amount of tds, in the previous year (journal entry for TDS payable), in that persons ledger...just wanted to know how we gonna adjust the amount deducted this year from his balance this year?
we paid the demand and subsiquently booked the amount of tds due in that person name in the previous year which makes TDS ledger a/c effect Nil...
04 February 2026
You should adjust the excess TDS amount booked in the deductee’s ledger against the current year TDS deducted by passing:
TDS Payable A/c Dr
To Party (Deductee) A/c
This ensures:
No double recovery
Correct TDS compliance
Clean ledgers
Zero mismatch in 26Q / 26AS
TDS Payable A/c Dr
To Party (Deductee) A/c
This ensures:
No double recovery
Correct TDS compliance
Clean ledgers
Zero mismatch in 26Q / 26AS
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