Tds entry

This query is : Resolved 

31 March 2015 Recently we take project from company X and at the time of payment made by company X he deduct TDS from bill but how this entry made our ledger tally

31 March 2015 TDS Receivable dr
Bank a/c dr
To Party A/c

31 March 2015 thanks
but TDS receivable under which head in tally

31 March 2015 TDS Receivable will be taken under Current Assets in Balance Sheet.

31 March 2015 Current Assets in balancesheet


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