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Former Member
Mar 22, 2010 at 10:40 AM

TDS on downpayment to Vendors not reversed

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Hi

I made downpayment to vendor of Rs.10000 and TDS was deducted of Rs.224

Afterwards i booked invoice of Rs.50000 and TDS was deducted of Rs.1120

When i did F-54, TDS deducted at the start must be reversed. However it did not got reversed.

I have selected "Central Inv. Prop" in WHT Code for payment. Inspite of this TDS is not reversed.

What could be other reason.