Credit note treatment

umesh (CA & CS) (78 Points)

01 July 2013  

Dear Friends,

My client has received a credit note related to the F.Y. 2012-13 in F.Y. 2013-14, now for TDS deduction whether I should reduce the  amount of Invoices received during F.Y.2013-14 with the amount of the credit note or it should be deducted on the whole amount of the invoices ignoring Credit Note.