04 November 2022
GST TDS HAS BEEN DEDUCTED IN 2019-2020. GST TDS DEDUCTED NOW REFLECTED IN ELECTRONIC CREDIT LEDGER.
GST TDS DEDUCTED IS DEBITED IN THE PROFIT AND LOSS ACCOUNT SHOWING IT AS EXPENSES? IS IT CORRECT OR WRONG? WHETHER IT WILL AMOUNT TO DOUBLE BENEFIT? REQUESTED TO EXPLAIN PLEASE.