Tds

In the case of Company A, you have not made any payment. So, if u want to show that entry in Company B, it will not amount reimbursement as no there is no outflow of money from Company B to Company A.

Simply delete the entry from A's books of account or pass a JV to give the null effect in A's book and pass the original entry in the Books of Company B.

thanks mam we are do the payment to party in A company after b company give our payment

Suppose, when you are paying rent from Company A...then entry, which u might have passed,will be:

Rent A/c                       Dr     100

       To bank                                          90

       To TDS Payable                              10

Just make sure this TDS liability is not paid by Company A and along with reimbursement of rent by Company B, TDS liability should also be transferred to Company B.

Entry in Company B's Book

Rent A/c                                     Dr     100

       To Company A/ Bank                                         90

       To TDS Payable                                                 10

thanks mam i do the entry one more doubt clear to me pls our all staff salary( salary range 5000 to 50000) paid A company then pass the reimburse entry in B company they paid our payment after. not a one entry seperate entry pass in B company reimburse then we deduct tds in total amount of salary eg. all staff salary 400000/- we deduct tds 2% U/s 194C this is true or false pls explain & help me