TDS not Deducted

This query is : Resolved

CS Pravin Yadav (Querist)
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17 February 2011 Suppose i had not deducted TDS while making payments to my client, but i had paid it in TDS return even it has not deducted no such entries were passed by me!!

Payment entry

Mr.A a/c...Dr 10000
To, Cash/ bank 10000

"I had not deducted TDS on 10000
but a had paid it in TDS Return"

can I debit this excess paid TDS in P& L a/c
if yes what entries i need to pass????

C.A.Javid Patel

C.A.Javid Patel (Expert)
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17 February 2011 you debit the client account and recieve from him.

Message likes : 1 times

CS Pravin Yadav

CS Pravin Yadav (Querist)
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17 February 2011 But if he is not paying then...
because mistake is from my side.. that i had not deducted it

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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17 February 2011 But since you have already showed the party details (deductee details) in your etds return, you have no choice but to ask the party to pay it back to you.

or lateron you may have to write it off.

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