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why is TDS treated as an asset while preparing Balance
sheet.
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Answer Posted / pawan kumar
WHEN INCOME TAX IS DEDUCTED IN FINANCIAL YEAR ITSELF.BEFORE
BECOMING OUR LIABILITY, IT IS MEANT AS AN ADVANCE TAX OR
TAX DEDUCTED AT SOURCE, THAT IS WHY IT OUR ASSET
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i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
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