Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Is it necessary to match portal gst tds credit with tally

02 June 2020

is it necessary to match gst tds credit which is shown in portal with my books of accounts. I. e. in gstr-7a and tds credits in 2a,I show that one party file his return & the gst tds shown Rs.100.but I don't have received any Amt from this party. so no entry is made in my tally. in this situation I accept this credit or reject?

Reply
Follow
Share

2 Replies

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 03 June 2020

To check for GST-TDS on portal Under Return >> select TDS/TCS tab for the relevant month & Accept & file entries reflected therein . the same will be get autopopulated in your cash ledger.

As per Notification 31/2019 CT , the TDS in part C of GSTR 2A has been Substituted.

So tally check for TDS Tab & reconcile your books with same.

Upgrade to CAclubindia Pro. Subscribe Now!

subharati banerjee (49 Points)
Replied 04 June 2020

But as we work with govt sector so in few month the Amt was not received but in portal shown that they deducted gst tds & file the return. in this situation my tally and portal does not matched. so in this situation I accept this or not?