Difference between TDS Receivable and TDS Payable

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TDS Receivable TDS payable It is the job of Deductor It is the job of Deductee We need to pass Entries for Income Receipt TDS Receivable We need to pass Entries for Expense Payment TDS Deduction and Deposit We need to Collect TDS Certificate Match with Form 26AS Online Deduct TDS from Income Tax in ITR We need to fill TDS Challan TDS Return Issue TDS Certificate Max ABC Bill Consultancy Rs 40,000 Cheque Rs 36,000 TDS Deposit Rs 4000 teachoo.com