Interested to Buy Any Domain ? << Click Here >> for more details...
Can TDS(Tax Deducted at source) expense be called Selling
General and Administrative expense in Profit and loss
statement,Or should it be included under head Provision for
Taxation
- 1 Answers
- 4398 Views
- I also Faced
- E-Mail Answers
Answer Posted / nagesh
actually TDS is not a expenditure or income it does not
include in profit and loss account.it is current asset or
current liabilty
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
What is the use of form D in sale tax
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
all ques. related to accounts?
Please would you provide me with a defenition of Cycle count tolerance ? Thank you
Explain the concept of responsibility accounting
get fixed assets items
Explain accounting 101?
Which accounting applications are your familiar with?
Why did you select accounting as your profession?
how to upload ledgers in excel or word document
What are negative postings?What are Credit memos ?Payment Requests ?
what is one way , two way matching , three way , four way matching ?
What is use of statistics in accounting?
what is the diffrence between cash flow & cash fund?
Tell me what do we mean by purchase return in accounting?
