TDS

This query is : Resolved 

31 March 2009 Dear Frinds
I have a very urgent query ,

We are duducted a TDS more than Actual Tds so shall we are take as advance Tax in Balance Sheet during current Financial Year.

31 March 2009 No, TDs is not your's its deducted from party and certificate to be given to concern party. he will claim in his return.


If any TDS deducted on your company and you have recd or to be recd TDs certificate then you can consider it as advance tax paid.

31 March 2009 i agree with Mr. Ram


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