The journal entry for commission rceived after deducting TDS is
Bank/Cash a/c Dr.
TDS a/c Dr.
To Commission Received a/c.
But if commission is not received in cash/bank and the party account is debited, what will be the entry?
Case: ABC Engineers receives commision from XYZ after TDS, but XYZ did not give commission either through cah or bank. Previously, XYZ is a creditor for ABC Engineers and also ABC perfoms some services to XYZ , thus XYZ also becomes a debtor for commission part, so, when commission is recieved of amount say Rs.1000, ABC passed a entry like this :
XYZ a/c Dr. 990
TDS a/c Dr. 10
To Commission Received a/c.1000
Is this correct?