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Tds not deducted on contractor paymetn

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(Querist)
23 October 2013 we paid 1,80,000 to contractor without deducting TDS on it FY 13-14 , I tried to recover that amount from contractor but couldn't recover, and finally we had to deposit tds amount rs. 3600 to govt. from company fund , now my question is which ledger to be debit to deposit entry ?

and it is allowable when compute self assessment tax
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Satish Yogi

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Satish Yogi (Expert)
23 October 2013 Entry to be made

Contractor Dr. 3600
TDS Payable(Contractor) Cr 3600

TDS Payable(Contractor) Dr.3600
Bank Cr 3600

above treatment is allowable in accounts.
No any query will raeise.
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Ganeshbabu K

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Ganeshbabu K (Expert)
23 October 2013 debit the contractor account and recover from next bill or from him
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jitendra jain

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jitendra jain (Querist)
23 October 2013 but he is foreign party and there is no chance to recover the TDS amount. what should I do ..
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
23 October 2013 w/o as bad debt
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VISHAL SHAH

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VISHAL SHAH (Expert)
25 October 2013 If party resident status non resident you are
require to deduct TDs u/s195 not u/s 194c
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jitendra jain

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jitendra jain (Querist)
30 October 2013 could i show this amount under ledger earlier year tax or prior period exp. instead of write off ????
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
30 October 2013 If you are certain that the sum is not recoverable it should be w/o as bad debt
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