What is the posting of TDS Receivable in balance sheet
- 7 Answers
- 29402 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ananth
We will Dr. TDS Receivable A/c under Current Asset Side and
Cr. the Customer's ledger from whom certificate will be
receive
Hope i am correct
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / shrenik shah
In case of company TDS Will be adjusted against Income tax
provision & balance if any will be shown in current assest
as Income tax refund receivable
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / sunitagangal
Assets side of the balance sheet under current assets .
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / anitha
Assets side of Balance sheet under current assests. It
affects Income Tax returns.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / rabindra mallick
Tds Receivable is part of Income Tax deductible by customer
on behalf of Assessee so it always comes under current Asset
in the Balance Sheet.
| Is This Answer Correct ? | 2 Yes | 0 No |
How to calculate sales tax ?
What is Sale in Transit Transaction and what are the forms issued and get form parties ?
1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.
Non payment of service tax?
How many financial statements are there?
what is mean by vat (value add tax) what is that value, is it gross amount of purchase/sales, or it net of amount of pur/sales - on which it will calculated, i need with example
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?
If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?
What is VAt ?
please tell me friends what are the formats of excise return and vat return?
What is VAT TDS? when it is applied & at what rate?
what do u meant by investment banking
Audit 
