Menu
TDS
we need to pass TDS entry after making payment or we can pass TDS entry on the reciept of bill on which tds need to be deducted?
Replies (2)
Dear Rohit,
When you receive a bill, u would naturally put a journal entry in ur books. U have to put an entry for TDS at that time itslef. U must not wait till the amount s paid. However, tds on salary (sec.192) must be deducted at the time of payment only
thanks..
Recent Topics :
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
Related Topics :
CAclubindia
