Short deduction was noticed on 21st march 2013. However, the short deduction was recovered from subsequent bill of he contractor on in April 2013.However, the deducted tds(cheque dated 30-04-2013) was deposited on 17th of June.
Can any body guide me how to pass entries in the books of accounts and the treatment of TDS for 2012-2013.
dear
you can make provision + interest also to square off the issue
Bharat Shah & Associates
Mumbai
CA Inter
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K R Kiran Kumar & Associates
Bengaluru
CA Inter
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Prish Consultancy LLP
New Delhi
B.Com
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CCI
Pro
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