Tds
This query is : Resolved
27 June 2016
TDS u/s 195 - If tax is deducted for individual A's account and the net amount has been recived in the bank account of Mrs.B(wife of Mr.A) then who is eligible for tds benefit and what journal entry has to be passed in these case and in whose account ?
Rupesh Jain
(Expert)
27 June 2016
bill issue by the person the his/its
PAN to vendor who can claim the tds . there is not possible for payment will sent by the vendor in other a/c due to bank before remittance check every thing. may possible bill also issue in name of his wife.
PAN to vendor who can claim the tds . there is not possible for payment will sent by the vendor in other a/c due to bank before remittance check every thing. may possible bill also issue in name of his wife.
Message likes :
1 times
Amol S Joglekar
(Expert)
27 June 2016
if A's TDS is done....then A can claim the same.
In the books of payerreason as to why the amount is given to B on behalf of A)
debit An narrations write the
In the books of payerreason as to why the amount is given to B on behalf of A)
debit An narrations write the
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Form 144 TDS Return Validation Error – Mandatory Fields
- Applicability of tax on invoice
- LLP audit and disclosure
- Capital gains in IT returns
- Form 144 TDS Return Validation error
- Advances to related party
- TDS- 2026-27 Q1 Correction
- Ito add credit side of bank
- Employee secondment
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
