When to deduct tds

This query is : Resolved

manish sharma (Querist)
Follow

26 April 2014 Sir,
I m a Service Provider my TDS is deducted By the Other Party Concern....
So My Doubt Is That whether to Record Tds Deducted at the Time of Bill Issue or Whenever The Payment Is received..
Sir Please Tell Me That...
It's Urgent....

srinivas reddy

srinivas reddy (Expert)
Follow

26 April 2014 you have better to recognize at the time of issue the invoice ..........and check with form 26as

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

27 April 2014 Dear Manish,

given that deduction of taxes is not in your hands, it is preferable to book it only at the time of receipt of dues.

manish sharma

manish sharma (Querist)
Follow

29 April 2014 Thanx Sir For the information

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

R B Pethe

Binod Singh

Richa Bajoria

Aakash Kumar

Jaya Ladhwani

Subscribe Now

When to deduct tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

Accounts & Tax Executive

Chartered Accountant

Audit assistant

U.S. Financial Reporting & Consolidation Manager

Audit executive

CA / MBA (Finance) / CMA / M.Com (Finance)

Articleship