Dear Sir,
Shall we deduct TDS on Provision/Accrual Entry?
Ex: we need to pay professional charges for March 2013. on 31st March 2013 we have not received any invoice for that and we made some provisional entry of the amount Rs. 35000/-. on 15th April 2013 we have received invoice for the work done for the month of March 2013 for Rs. 35000/-.
Shall we deduct TDS for the provision entry made on 31st March 2013? please explain this.
CAclubindia
