cancel
Showing results for 
Search instead for 
Did you mean: 

TDS reverse

Former Member
0 Kudos

Hi,

entry: AT the time of booking invoice

Expense account DR 1000000

Vendor account CR 700000

TDS payable account CR 300000

TDS has been paid to governament

Now issue is, this vendor is not TDS vendor. So, we should have not deducted TDS.

Now please tell me how should i proceed....

Do i need to reverse somewhere or

can I adjust TDS somewhere?

Please suggest me.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

As per my understanding, we cannot claim back the TDS that has already been paid to the Government. If the vendor is insisting on a payment, you can raise a debit note/Invoice using FB60 against the vendor and process the payment for which the deduction happened.

Thanks and Regards,

Anit

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi

Go to XK02-select Withholding Tax----de-select all the Tax code. Tax payments for particular vendor.

Thanks

Anil