No, I think the entry in the F.Y. 2014-15 will be given below.
Commission A/c Dr. 29320/-
TDS Commission Payable A/c Cr. 2932/-
Party A/c Cr. 26388/-
The TDS Commission Payable opening balance will be carried on in F.Y.2015-16, which will be payable with interest.
TDS Commission Payble A/c Dr. 2932/-
Interest on TDS A/c Dr. as per rule
Bank A/c Cr. Commission + Interest
From India, Pune
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