Tds missed to deduct on token money for buying flat from NRI seller

You can make an adjustment like this to the existing transaction

Dr. Purchase 50%

Dr. Purchase 50%

Cr. Tds 50%

Cr. Tds 50%

Dr. Gst 50%

Dr. GST 50%

Cr. Supplier

Yes you have to deposit tds once transaction takes place. 

The Tax Deducted at Source must be deposited to the government by the 7th of the subsequent month.

Tds must be deposited only after the payment is made . Set the dates of transactions as well

Originally posted by : Sharath chandra
	1. yes2. better do in one single trn3. yes4.. can do that. but amounts are wrongcontact a professional rather than doing it yourself.

Bro @ Sharath Chandra,

Mr. Manish a CA professional...

Originally posted by : Yasaswi Gomes new
	You can make an adjustment like this to the existing transactionDr. Purchase 50%Dr. Purchase 50%Cr. Tds 50%Cr. Tds 50%Dr. Gst 50%Dr. GST 50%Cr. SupplierYes you have to deposit tds once transaction takes place. The Tax Deducted at Source must be deposited to the government by the 7th of the subsequent month.Tds must be deposited only after the payment is made . Set the dates of transactions as well

Hi Yasaswi,

Please read the query once again...

Please come out as Robotics...

Also You Act like "Bridle 🐴 Horse"

This is open forum before put your replies check once again. This is a good one for other understand the professionalism...

I meant to say, what ever amount payment is made on % basis, tds must be deposited on that basis. It's nice to know tds can be deposited after whole transaction. Plus I was advising, if they make journal adjustments, it'll be added up to the original asset. I mistakenly put purchases