TDS Receivable entry should be booked or not

This query is : Resolved

Daya (Querist)
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06 May 2022 while booking income for
Rent and Interest TDS receivable should be booked at the same time in my books or at the time of receipt which can be better,
example
Rent /Interest income Rs. 5,00,000
Rent/Interest Receivable Dr 4,50,000
TDS Receivable DR 50,000
To Rent /Interest Income 5,00,000
OR Pass
Rent /Interest Receivable Dr. 5,00,000
To Rent / Interest Income 5,00,000
after receiving amount
Bank Account Dr. 4,50,000
TDS Receivable Dr , 50,000
TO Rent /Interest Receivable.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 May 2022 Pass Rent /Interest Receivable Dr. 5,00,000 To Rent / Interest Income 5,00,000 after receiving amount Bank Account Dr. 4,50,000 TDS Receivable Dr , 50,000 TO Rent /Interest Receivable.