Entries for tds on grant


This query is : Resolved 

15 May 2013 Please tell me the entries :-

1-Grant received after deduction of TDS.
2-Entries of TDS on grant

15 May 2013 Dr: Bank
Dr:TDS receivable
Cr: Grant received


15 May 2013 Can u pl explain why TDS was made on grant

16 May 2013 Sir

I have joined a NGO as a Finance executive.I have found an entry in books

Bank 6860
TDS Rec 140
To Grant A/c 7000

Opening balance in Grant A/c was 6860. Thus the closing balance is now Rs 140.

Please rectify the above.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 08 August 2026
Article Assistant

Sanath Sheshagiri & Co.

Bengaluru

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
ARTICLESHIP 10 August 2026
Article Assistant

Suraj Garg and Associates

New Delhi

CA Inter

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details