twice entry of a bill

dEAR

i tHINK YOU HAVE TO DO JUST REVERSE ENTRY FOR THAT TO RECTIFY FOR ABOVE 2 MISTAKES AND

FOR DEPOSITING THE TDS 2 TIME WHEN YOU DEPOSIT THE NXT TDS.YOU SHOULD THEN REDUCED THE AMT WHICH YOU HAVE EXCESS DEPOSITED JUST BEFORE.

As far as my understanding of the query goes....you have asked for a rectification entry to be passed after considering the effect of TDS on it for the bill enters twice in book, TDS deducted twice & deposited twice.

Look you need to nullify the effect of seconding time posting the bill into the books by reversing the journal entry.

TDS A/C Dr

Party A/C Dr

            To Expense A/C

The excess payment of TDS can be claimed in TDS return.

Hope this helps.....................:)

Correct accounting treatment as explained by Shweta..

ya Mr. Mohit is correct.

Just reverse the expenses booked twice and for the Tax to be deducted at source you can use the extent you over paid the Tds already....

You can adjust TDS only if the quarterly TDS return not filed. If the returne was filed then issue for 16A with excess TDS details. The vendor will get refund from IT dept.

agree with jyoti.

if tds return regular is filed it can be revised.....

i think karthika is correct