TDS reversal (f-54) down payment clearing

[kishore_kumar111]

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

[former_member198650]

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

[kishore_kumar111]

Thanks Mukthar for replying.

There was a basic mistake in my withholding tax configuration.I did not assign withholding tax key in withholding tax code.I assigned the key and it worked well.