Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 February 2014 Can anybody tell me Nature of 'TDS A/c'



and How we do its treatment if we are taking our Deducted TDS in Current Assets A/c

19 February 2014 TDS payable in the nature of Current liability
.
.
it should be knocked off every month with payment of tds to central government
.
.
TDS receivable is in the nature of Current asset and it will be knockoff at the end of year with provision for income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2014
sir pls also tell me about DTA -direct tax assets treatment in Finanacial statement


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