If we get TDS certificate after audit whareas this
certificate is related to same financial year,in this
condition how will we consider tds or can we take this
credit in next f.y.?
Answers were Sorted based on User's Feedback
IF WE RECEIVED THIS TDS BEFORE SUBMMITING THE RETURN THAN
WE TAKE THIS AS INCOME RECEIVED (FROM INCOME ) & TDS AS
ADVANCE TAX.
NO. THERE IS NO WAY TO TAKE THIS IN NEXT FINANCIAL YEAR
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / seswarca
u should take into next year when that income is not offered to that extent of tds amount
otherwise
u should file revised return u/s139(4) of the income tax act
Is This Answer Correct ? | 2 Yes | 0 No |
what are main accounting entries in a vehicle dealer
for which account the cost centre should be given?
Hi guys, in my company, have a recruitment for junior accounts executive(2 to 4 years only).. For 10-15 positions, if any body interest pls send your resume to my mail id... Remember, any body from manufacture or construction field 1st preference...Definitely i will help u.Send ur resume to "mukeshreddy37@gmail.Com" immediately
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
What is input Sales ?
Diffirent betwen Capital Expendature & revenue expendature
8 Answers Genpact, IBSN, Malbro,
what is insurance ? how many types of insurance?
IS CASH DISCOUNT/RECIVED IS OPERATING EXPENSE/INCOME?
If Pass book & Cash Books Balances are showing same so are you need to BRS ?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
Please expain difference of service tax and entry tax and rates also in fy 2010-11 and how calculate these taxes
Non-performing Asset (NPA)