Entry for tds refund receivable


This query is : Resolved 

23 September 2013 if a client has claimed a tds refund and it is yet receivable,then in which class of asset it should be placed????
long term loans and advances or short term loans and advances?????

23 September 2013 It will be short term loans and advances

24 September 2013 what is the reason behind it,sir??

24 September 2013 Self assessment is in the nature of with in 1 year from the date of financial year. so it cannot go beyond 12 months


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