banner_ad

E-commerce outstanding check

Others 200 views 2 replies
User Avatar

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.
0 Reply Share Follow
On 18 March 2021 at 12:08 Report
Replies (2)
User Avatar

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

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. 

Reply
On 18 March 2021 at 13:39


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

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details