Skip to Content

TDS reversal (f-54) down payment clearing

Tds reversal is not happening in case of f-54 down payment clearing. I posted down payment f-48 .Tds is getting deducted. At the time of posting od invoice with fb60 TDS is getting deducted. But when I am clearing invoice with down payment , in f-54 , tds on down payment is not getting reverse.

In payment withholding tax type radio button for 'central inv. prop' is already active.Still I am facing the issue.Please suggest

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Posted on Sep 19, 2016 at 04:16 AM

    Hi Kishore,

    At the time of clearing, you have to provide the invoice document no, then only it will reverse the down payment.

    Regards,

    Mukthar


    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.