TDs means tax deducted at source .it is deducted when
payment is made or entry for liablity is passed ( which
ever is earlier ). this is deducted on payment for specific
purposes . like on salary commission , rent , payment to
contractors etc. payment for tds is done quaterly to nsdl.
Tds means Tax Deduction source its part of income this
advence to pay to tax department in behafl of intrest on
security, rent & profesnal fees, salary, poloci.profession
fees, contrectors/sub contractor,
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.