1. Is TDS asset or Liability ?.
2. Is TCS Asset or Liability ?.
3. Which is Debit side and Which is Credit Side in Balance
Sheet ?.
- 11 Answers
- 54241 Views
- I also Faced
- E-Mail Answers
Answer Posted / mayank
First of there is no side in balence sheet. Balence sheet
always liablities and assets side not dabit & credit
Tds deducted is always liablity.
| Is This Answer Correct ? | 18 Yes | 8 No |
Post New Answer View All Answers
WHAT IS TAXATION?
What will be the planned expenditure in the budget 2009-10
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
Q.No.1) I paid Salary to our staff after deduction TDS. what is the journal entry pass at that time of payment of salary only, and then at the time of payment of tds. and the last date for payment of TDS Q.No.2) Suppose I paid Salary In advance due to that officer is take business tour at the end of the month in after deducting TDS. Now What is the journal entry Salary Advance & Payment of TDS. and when i will pay TDS for This Situation. Kindly Help me
What is the difference between Indian and us taxation
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
what about WCT (Work Contract Tax)
How should the personal assets of a salaried employee be shown in his books of accounts ?
What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.
What is total income?
What do you understand by dissolution of firm?
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
