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TDS Demand Adjustment

This query is : Resolved 
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(Querist)
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...
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
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
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