Interested to Buy Any Domain ? << Click Here >> for more details...
tds effect in balance sheet if tds receipts
- 7 Answers
- 19337 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / v.mohan
Tds receipt will be shown in asset side. It can be adjusted
from income tax payable.
| Is This Answer Correct ? | 19 Yes | 3 No |
Answer / jaysukh solanki, dudhsagar dai
Yes
In Assets Side:
Advance In-Come-Tax A/c Dr with TDS received Amount
and Party A/c Cr with TDS received Amount
| Is This Answer Correct ? | 18 Yes | 6 No |
Answer / naveen
Tds Receipts will be shown in assets side under loans &
advances and it will be adjusted to Income Tax A/c.
| Is This Answer Correct ? | 11 Yes | 4 No |
Answer / karthic
Yes
In Assets side ,
Can Adjust these amount on Income tax payable
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sameer
how can a company show advance tax of rs 10 and also TDS for
teh same year of Rs 10? similarly, for the next year advance
tax shown is rs 2 but TDS is rs 8.
its a construction company. is the TDS relating to some
other aspect of business?
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / viji
Yes
In Assets Side:
Advance In-Come-Tax A/c Dr with TDS received Amount
and Party A/c Cr with TDS received Amount
in the tds rec. will adjested in memo of total income.
| Is This Answer Correct ? | 3 Yes | 4 No |
accounting seation and taxation caluation
Three common types of confirmations used by auditors are (1) negative confirmations, (2) blank form positive confirmations, and (3) positive confirmations with information included. Place the confirmations in order of reliability from highest to lowest.Question 8 options: 1, 2, 3. 3, 2, 1. 2, 3, 1. 3, 1, 2.
What are the objectives of internal audit?
0 Answers Ernst Young, Thomson Reuters,
How do one write an interim audit report?
What are your primary responsibilities in Accountant employment
Do you know what are the reasons for getting audited?
How to raise capital (equity) in non-listed company?
HOW TO ADJUST THE STOCK IN TALLY
what is audit & activities of auditor?
0 Answers Ernst Young, Ferguson, ICICI,
Describe a situation where you had to work in a group ?
What sorts of accountant count as "qualified accountants" to be independent examiners for charities with income over ?100,000 or assets over ?1,000,000?
accounting procedure
Audit 
