Example 5 No TDS
Payment Made in Advance
The Company entered into connect with Max Ltd on 25 April for 100,000+ GST 18%
20% paid in advance on that date to Max Ltd
Bill Received on 10th June from Max for Consultancy Service
Balance 80% Paid on 28 October
View Answer
Example 6 With Tds
Entry is different in both cases as shown below
View Answer
