If we receive 3 bills for Job Work in the month of January 2018 from X & Co. on 5th Jan, 15th Jan and 25th Jan. Can we deduct TDS on 1 date i.e. 25th Jan or 31st Jan for all the 3 bills by passing a consolidated journal entry or should we pass 3 seperate journals for TDS deduction on respective dates?
Menu
Tds for various bills in 1 month
Replies (1)
One consolidated entry can be done. But the best method is and going in line with rules deduct the TDS on respective date and pass the entry. So that you won't forget in month end. Simultaneously pass the TDS entry while you put entry for labour charges i.e, Job work.
Recent Threads
- Sec.10 (10D) Tax Benefit not available to PaidUp p
- Seeking your expert view on GST return disclosure
- GST on rent a car Business , GST Query
- Need CA for Turnover Certificate & Tender (Del
- Schedule CFL is not saving 0 as carry-forward loss
- Deduction 80c,80d,80ttq
- GST cancellation ecommerce
- Ca final may 2026 exam
- Shop and Establishment Registration with AGILE Pro
- Deduction 80C, 80D, 80TTA under old regime under b
Related Threads
CAclubindia
