TDS ADJUSTMENT ENTRY

You can call up the Finance Team of your creditor and check whether they have deducted any tax on provision basis or not? Sometimes, such misses are identified in audit and thereafter the TDS is done. In the instant case, since you will considering the income to be part of FY 2020-21, in my view, you need to account for the TDS. If the creditor does not deduct tax then you can reverse the entry in subsequent year