Tds treatment now

Dear Friends,

My client has earned income in the past year i.e. 2013 -14 of Rs. 56180. but it has not recorded it in the books and thats why the TDS receivable and Service tax also not recorded. 

my client is a regular payee of Service tax, and in the last year it has also claimed the TDS recievable in 26 AS.

I have entered the Service Tax entry and prior period income entry in this year but what will be the treatment of TDS. what if TDs receivable has not been claimed in the last year.

Please reply at the earliest.

Replies (2)
Last year entry that should be passed for e.g: Debtor A/c Dr. 55000 TDS receivable A/c Dr. 5000 To Prof. Fees 55000 Now this year entry that should be passed as: Debtor A/c Dr. 50000 To Prior period income 50000 TDS receivable A/c Dr. 5000 To Prior period income 5000
Amount is taken as an example.

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