E-commerce outstanding check

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Accounts executive
552 Points Posted on 18 March 2021
Dear Experts,

I want to know that while reconciliation of flipkart (e-commerce account), How do we need to deduct commission amount from Gross outstanding:

1) Commission amount after deducting tds
2) Original commission amount

Please assist me this case.
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On 18 March 2021 at 12:08 Report
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Quick Summary
This discussion explores how to reconcile outstanding amounts for e-commerce platforms like Flipkart. The key question is whether to deduct the commission amount before or after Tax Deducted at Source (TDS). Experts suggest referring to the TDS sheet provided by Flipkart, which details the required deductions. The consensus is that TDS should be calculated on the net commission.

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Chartered Accountant
24588 Points Posted on 18 March 2021
I think the commission should be after deducting TDS
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On 18 March 2021 at 12:43
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Consultant
1891 Points Posted on 18 March 2021

When a flipkart dealer downloads the report he gets TDS sheet also. In that sheet TDS deduction required to be made have been mentioned. You can refer to that sheet. However TDS to be deducted on net commission. 

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On 18 March 2021 at 13:39

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