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What is the posting of TDS Receivable in balance sheet
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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 |
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 |
Answer / sunitagangal
Assets side of the balance sheet under current assets .
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / anitha
Assets side of Balance sheet under current assests. It
affects Income Tax returns.
| Is This Answer Correct ? | 3 Yes | 1 No |
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 |
spose i am in gurgaon & employed with automotive manufacturing co. i have to make some invoces for new delhi, chennai, jaipur & chandigarh & london for a component (rubber gasket) qty-2500 no @ of 120 per pc than what should be payable amount for each customer after adding taxes?
what r the deductions from salary ?
Why Tds is not deducted on service tax amount of rent bill(let out for business purpose).
2 Answers Mphasis, VNS Accessories,
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
If any new form open than we are able to deduct TDS on first year
I have recived four c form for a fainancial year But c- form not in proper series For Exaple- c-form no. 1 for 1st quarter & 3 For Second Quarter 2nf For 3rd Quarter & 4 For Fourth quarter Please Tell Me Can I summit This Form in sale tax office in no Please tell me solution for that condition.
if bank deduct the tds, it should show in p&l or balance sheet?
How do I get a C form with the bank Guarantee?
How to calculate IT,TDS,ADVANCE TAX,VAT,CST,EXCISE DUTY,PT,ST.ESI.PF?
5 Answers Alp Consulting, Jaycon, KPMG, Manufacturing, Unique Circle Engineering,
can we take credit under service tax of services taken after 6 to 7 months?
WHETHER WE CAN REIMBURSE SERVICE TAX?
can we deduct tds of any government companies(state/central)
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