Short deduction was noticed on 21st march 2013. However, the short deduction was recovered from subsequent bill of he contractor on in April 2013.However, the deducted tds(cheque dated 30-04-2013) was deposited on 17th of June.
Can any body guide me how to pass entries in the books of accounts and the treatment of TDS for 2012-2013.
CAclubindia
