TDS paid on cancelled invoice

[Subramanian N]

A invoice was first accounted and subseuqently cancelled for some reasons & in between TDS paid.     Would like to know the Accounting treatment for the TDS paid 

AI Summary

Handling TDS on Canceled Invoice: Options for Refund or Adjustment Explored Under Tax Law Section An invoice was initially accounted for and later canceled, but TDS was paid in the interim. The discussion involves how to handle the TDS payment. One response suggests that TDS is not applicable since no payment was made. Another response offers two options: adjust subsequent payments with the customer, allowing them to claim a refund in their tax return, or claim the TDS refund yourself, which would be recorded as a current asset in financials.