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what will be the accounting treatement when we are booking
sales in our books and we know that the Debto will deduct
the TDS and then will pay the amount
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Answer Posted / prasant kumar panigrahi
The Accounting treatment will be you first make the due
entry by giving passing the j.e. that debt. a/c dr. to
party a/c.cr.
and after the receipt of payment pass the entry that cash
a/c dr . tds. a/c dr. to
party a/c cr.
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