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Former Member
May 23, 2016 at 06:13 AM

How to reverse TDS to Employees ?

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Hi Team,

One of our employee wrongly paid performance Incentive which identify after posting & payment.

Now employee has refunded net amount paid to him by cheque.

Accordingly posting of incentive & TDS need to be reversed as it will reflect in his Form 16.

Can anyone help me on This issue...

Thanks

Anand