Balance Sheet Items

This query is : Resolved 

27 June 2011 Q-1. What is the right head in Balance sheet for the following items?

Cenvat credit Received ( on S.T)
Cenvat Credit Available ( on S.T)

Current Asset is right or wrong? Why? Can we clubbed together both items?

Q-2. Tds Payble in two different years e.g 2009-10 and 2010-11 is given?
Tds on work contract is also given year not mentioned here.
Can we clubbed all the three items?

28 June 2011 When Cenvat is received then how it will appear but if it is receivable then Current Assets.

If TDS for 2009-10 and 2010-11 then open two different accounts so that in coming years you are not in trouble.


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