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

Post New Answer

More Taxation Interview Questions

WHAT IS THE RAE OF TDS ON PAYMENT TO CONTRACTOR INA CASE OF COMPANY & IN CASE OF INDIVIDUAL?

3 Answers   ABC,


Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.

0 Answers  


WHETHER IN RETAIL INVOICE IS IT NECESSARY TO SHOW TAX PERCENTAGE OR NOT.

2 Answers   Genpact, KFCSC,


I have an interview, they are asking direct and indirect taxes and exp. pls tell me any one regarding this which type of questions they will be asking.

3 Answers  


how & on which amt tax should be calculate on pvt ltd company or ltd company

0 Answers  






what is fillup form when company issue c form

0 Answers  


what is the mean of payment of contract,subcontract and professional charges

1 Answers  


WHAT IS CST & WHAT IT'S RATE ?

8 Answers   Bombay Rayon Fashions,


If Mr.A (Individual)Net income Rs.2,00,000 in F.y.2009-10.How much income tax he has to pay.. Is it Right or wrong Total Net income = 200000 (-)Nil Tax 160000 ------- 40000 x 10/100=4000 (-)

6 Answers  


Who is an assesse?

1 Answers   OPI Global,


what is fbt@ ,sd @

0 Answers  


We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?

1 Answers  


Categories