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TDS

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(Querist)
30 January 2011 can anyone plz explain me the concept of TDS i mean specially the posting effect in the finacial statments ...??



thanks alot ...
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
31 January 2011 https://www.caclubindia.com/articles/all-you-want-to-know-about-tds-7882.asp


For details about TDS see above article.

TDS deducted by you not paid on balance sheet date is your current liability and TDS deducted from you will be shown in Assets side.
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krina

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krina (Querist)
31 January 2011 thanks alot sir,,
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