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as per partership firm TDS receivable at the end of goes to
partners current account, but at the multinational company
how pass TDS entry pass, where is it is goes

Question Posted / kam22111975

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as per partership firm TDS receivable at the end of goes to partners current account, but at the m..

Answer / rahul verma

transfer to deferred tax assets accounts

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as per partership firm TDS receivable at the end of goes to partners current account, but at the m..

Answer / Priyanka Jaiswal

In a Multinational Company (MNC), the Tax Deducted at Source (TDS) is usually paid directly to the government, not the partner's current account. The MNC will maintain TDS records and submit them periodically to the tax authorities.

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