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What is the posting of TDS Receivable in balance sheet

Answers were Sorted based on User's Feedback



What is the posting of TDS Receivable in balance sheet..

Answer / a.s.hemanthkumar

Will be posted in asset side of B/S

Is This Answer Correct ?    49 Yes 6 No

What is the posting of TDS Receivable in balance sheet..

Answer / sangam dtayade

Under Current Assets of balance sheet

Is This Answer Correct ?    29 Yes 2 No

What is the posting of TDS Receivable in balance sheet..

Answer / ananth

We will Dr. TDS Receivable A/c under Current Asset Side and
Cr. the Customer's ledger from whom certificate will be
receive

Hope i am correct

Is This Answer Correct ?    14 Yes 1 No

What is the posting of TDS Receivable in balance sheet..

Answer / shrenik shah

In case of company TDS Will be adjusted against Income tax
provision & balance if any will be shown in current assest
as Income tax refund receivable

Is This Answer Correct ?    7 Yes 1 No

What is the posting of TDS Receivable in balance sheet..

Answer / sunitagangal

Assets side of the balance sheet under current assets .

Is This Answer Correct ?    3 Yes 0 No

What is the posting of TDS Receivable in balance sheet..

Answer / anitha

Assets side of Balance sheet under current assests. It
affects Income Tax returns.

Is This Answer Correct ?    3 Yes 1 No

What is the posting of TDS Receivable in balance sheet..

Answer / rabindra mallick

Tds Receivable is part of Income Tax deductible by customer
on behalf of Assessee so it always comes under current Asset
in the Balance Sheet.

Is This Answer Correct ?    2 Yes 0 No

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