06 May 2016
Dear seniors, I had received the invoice Rs. 40000 For security charge on 11/3/2016 however Invoice date is 27/2/2016... plz guide me For TDS deduction on which date this bill Should be booked weather on 27/2/2016 as Date of invoice or on 11/3/2016 as receipt of bill,
06 May 2016
This is the practice followed if you want it can be booked on 27/02/2016, but interest payable on TDS late deduction. Consult your friends who used to book such invoices to know the practice followed.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
06 May 2016
Sir i am in confussion because some of My friend CA has advised to book this Bill on 27/2/2016 and some has advised To book on 11/3/2016.. therefore it let Me in confussion plz tell me is there no Any section clause etc. Which state the Actual booking procedure concept in this Regard
06 May 2016
you cna book the invoice after you received, and also vendor also take the receiving of bill from you. as per a/c practice invoice book after the receiving, before that ypu can take only prov. and after receiving the bill you can book bill agst the prov.