Forex
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 March 2014
if invoice raised for 2000 dollars but in bank statement 1800 dollars are receiving balance loss under which it is to be treated?
Nikhil Kaushik
(Expert)
06 March 2014
check for two things - whether client has withheld any taxes and charges debited by bank...if there is tax withholding, then you need to create asset in your books for tds receivable.
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