Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 June 2013
whether TDS paid is debited in the profit & loss a/c is disallowed ? if yes under which sec?
(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)
waiting for reply
thanks.
(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)
waiting for reply
thanks.
14 June 2013
TDS has to be deducted out of the expenditure incurred,not to be shown in profit and loss a/c
Message likes :
1 times
14 June 2013
TDS paid is not expenditure to the company..
Company will deduct from the payments and the same will be paid to the credit of government..
Please refer your accounting entry passed may be incorrect.
Thanks®ards
Ganeshbabu k
Company will deduct from the payments and the same will be paid to the credit of government..
Please refer your accounting entry passed may be incorrect.
Thanks®ards
Ganeshbabu k
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Long Term Service award taxability in hands of company
- BIS Certificates
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Procedure for claiming exemption in Article Ship for CA Course
- ITR 2 Short Term gain & Long term gain
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
