07 August 2024
One of my clients is a trader in computer goods. Purchases were made from HP India Sales Private Limited. In 26AS Under Section 194R - under paid/credit Rs.61,160 is appearing and TDS of Rs.6,116.07. Kindly suggest me mode of treatment of this in books of accounts. Waiting for reply R S Sai Kumar
09 August 2024
Sir , In accounts which account should I debit to credit the income account? In regard to TDS - I will debit TDS account, and then credit which account. Please clarify R S Sai Kumar