title of tds
Rajesh Mishra (9 Points)
26 March 2018
Sir how shall a payer can adjust tds $ where he has show it in balance sheet
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 27 March 2018
Your qustion is not clear .
satish
(teaching)
(2046 Points)
Replied 27 March 2018
If Expenditure is Rs. 1,000/-
Rate of TDS = 10%
Amount paid = 900
TDS = 100
Total Exp 1,000
1. when settlement of Expenditure:
Expenditure A/c Dr. 1,000
To TDS 100
To Cash 900
2. when TDS is paid to the Govt.
TDS Dr. 100
To cash 100
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