TDS not Deducted
This query is : Resolved
CS Pravin Yadav
(Querist)
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????
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
(Expert)
17 February 2011
you debit the client account and recieve from him.
Message likes :
1 times
CS Pravin Yadav
(Querist)
17 February 2011
But if he is not paying then...
because mistake is from my side.. that i had not deducted it
because mistake is from my side.. that i had not deducted it
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.
or lateron you may have to write it off.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Employee secondment
- Reward for festival
- GSTR9 Annual Return
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Gift to nri relatives resides in usa
- Rectification under processing even after 6 months cpc portal
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation error
- RCM and same line
- TDS Return Statement Status
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
