Can we show in books of account for commision as outstanding expenses instead of credit to agent without deducting the TDS? (Monthly)
1 Replies
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 24 July 2010
Of course not,
TDS should be deducted even if u show commission as outstanding expenses. It should be deducted at the time of commission booked as expense.....
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