Hi everybody ...,
Let you people give me answer for the ' ? ' am raising here ...,
" Is it necessary to deduct TDS at the time of providing for an expense . "
For an instance : I've to pay Rs.1,00,000 to One CS as professional fee for the services provided in February'12.
And am providing Such amount on 29.02.2012.
The entry passed by me here is :
Professional fee a/c Dr 1,00,000
To Provsion for exp - Feb'12 90,000
To TDS pybl 10,000.
Please suggest me is that entry is required or not
CAclubindia
