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author's profile photo Former Member
Former Member

TDS - Help

Hi all,

I have a scenario wherein TDS is deducted by my client.

In July

Exp 100

To Tds 10

To Vendor 90

Now the TDS is deposited in the bank.

But the vendor says that instead of 10/- as TDS only 5/- needs to be deducted. So I need to pay him 95

I will reevrse the TDS with the help of J1INJV

But wht abt the TDS that is deposited.

How everything would appear in SAP???

Thanks in advance

Regards,

VAndana

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Aug 26, 2008 at 04:48 AM

    Normally, once TDS is deposited to Government, it will not be reversed only tds certificate will be issued.

    Otherwise it will be adjusted for future payment to Government.

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  • author's profile photo Former Member
    Former Member
    Posted on Sep 19, 2008 at 01:13 PM

    You can adjust this extra TDS amount in next bill like :

    If the next bill is Rs.200, put the reduced vlaue to the extent of excess paid in first bill (For ex: Rs.150) in W/Tax Base amount fields in Withholding tax data.

    Prakash.

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