banner_ad

TDS on Invoice if Credit note involved

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 January 2024 Dear Sir, I have a query for TDS related.
1) We have received an Invoice for Rs.94,400/-(80,000/- + gst 14,400/-) with date.02.12.2023
2) We have received a Cr. Note for Rs.11,800/-(10,000/- + gst 1,800/-)with date.20.12.2023 against the above invoice.
Q1) Should we deduct TDS on 80,000/- ? or
Q2)Should we deduct TDS on 90,000/- (80,000/-(-)10000/-) ? after deducted Cr.Note. Kindly suggest us a solution. If any notification is there kindly suggest us. Thanks in advance.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
25 January 2024 Deduct TDS on 80,000 as credit note issued for the same invoice.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details