i received annual inncentive received with deduction of TDS
from My suplier. Total amount 100000/- Inncentive.Rs.90000/-
Tds Rs.10000/- how to take entry in my books.
Answer Posted / ajay
Supplier A/C -- Dr Rs. 100000/-
Incentive (income) -- Cr Rs. 90000/-
TDS -- Cr Rs. 10000/-
Is This Answer Correct ? | 12 Yes | 1 No |
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