WHERE WE HAVE TO TAKE TDS RECEIVABLES IN THE BALANCE SHEET OR P&L
A/C ?

Answer Posted / vivek mohan nair

RECIEVABLES MEANS YET TO BE RECIEVED AND IN ACCOUNTING
TERMS WE CONSIDER THAT IN CURRENT ASSETS.

AND CURRENT ASSETS WILL GO TO BALANCE SHEET

EXAMPLES: TDS RECIEVABLES, INCOME TAX REFUND ETC.

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