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Commission received after tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2013 Suppose Mr. A is receiving commission income from Amway after deduction of tax at source (TDS). What will be the accounting entry in the books of Mr. A?

Is the following entry correct?

Mr. A (Capital A/c) .......Dr. 9,000
TDS receivable..............Dr. 1,000
To Amway 10,000

If not, what is the correct entry?
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Rupesh Jain

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Rupesh Jain (Expert)
17 June 2013 ok tis correct
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CA Kapil Verma

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CA Kapil Verma (Expert)
17 June 2013 No, it should be


Bank A/c or amway Dr. 9000
TDS receivable Dr. 1000
To Commission Income 10000
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