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
- 53287 Views
- I also Faced
- E-Mail Answers
Answer Posted / a
TDS is always a liability for any company since we are
deductiong it on the payments so made and further it is our
obligation to deposit it with government on or before due
dates.
It is neither our income nor it is our expense.It is just a
liability .It comes under the current liability.
| Is This Answer Correct ? | 31 Yes | 7 No |
Post New Answer View All Answers
Who is to paid income tax and what is the procedure of filling income tax return?
i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.
is there in india the rate of work contract are same in all states if now what are the statewise rate
WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com
I want PTR Number and I am working professionaly related documents i have but officer asked me to bring any business commencement proof. here,I have no business? so what proof i will give to him.
Explain the Calculation of Sales Tax?
Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.
please share fy 2017-18 salary tds auto matic excel utility
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
Is there any change in the section 80E for the financial year 2009-10
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
is there easy guide for the latest India tax & accounting information for 2010?
When and how Wct is applicable on Labour Job Work and what is the percentage?
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.
