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TDS tax payment

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120 Points Posted on 27 November 2020
plz some one help me,
if invoice date is 31st Oct-20 and receive after 7th of Nov-20 then how to book invoice in my account book.
what will be TDS process if no advance received from creditors.
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On 27 November 2020 at 11:02 Report
Replies (6)
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Profession Business
28207 Points Posted on 27 November 2020
Tds process.
all bills are not subject to tds.
44 Reply
On 27 November 2020 at 11:23
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120 Points Posted on 27 November 2020
But this bill subject to TDS and we deduct TDS.
1 Reply
On 27 November 2020 at 11:27
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574 Points Posted on 27 November 2020
Is your invoice related to any service?
in this case----
a) service received
b) invoice
c) advance received
which ever is earlier will be considered as tds date
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On 27 November 2020 at 15:13
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120 Points Posted on 27 November 2020
Yes it is service invoice and I've been received services in the said month. can I consider invoice date for books of accounts.
1 Reply
On 27 November 2020 at 15:22
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Accountant
3662 Points Posted on 27 November 2020
You need to book invoice on 07.11.20
9 Reply
On 27 November 2020 at 21:43
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574 Points Posted on 28 November 2020
Then consider earlier date i.e. your invoice receiving date
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On 28 November 2020 at 15:16


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