TDS effect in Debit note

This query is : Resolved

Mahesh Jadhav (Querist)
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31 May 2023 Hi,

I have received invoice from vendor in Mar-23 amounting to 53,100/-
Taxable : 45,000/-
IGST : 8,100/-
Total : 53,100/-

We have deducted the TDS @10% amounting to 4,500/-, and now TDS return also has been filed.
But we haven't initiated remaining payment after deduction of TDS.

For some issues in service we want to raise debit note for entire invoice, so what will be the effect of TDS in Debit note.

Should we revised the TDS return or collect TDS amount from vendor ?

CA Kamlesh Kukreja

CA Kamlesh Kukreja (Expert)
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31 May 2023 If Vendor is ready to Pay TDS Amount to You there is No Need to Revise TDS Return. But if Vendor Doesnot Agree for refund of TDS Then only way left is to revise Return & use that Challan Towards any other TDS Payment. You can use Challan Paid For A.Y 23-24 in TDS Return of A.Y 24-25