Hi
TDS presentation and recognition: a certain transaction attracted tds on commission
In the books of deductor:
Cr. TDS payable
In the books of deductee:
Dr. TDS receivable
Is it not always true?
Txs
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Tds debit and credit
Replies (2)
Quick Summary
Is it not always true?
yes...
yes...
Tds payble is a credit account
tds receivable is a receivable account.
tds receivable is a receivable account.
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