Menu
Tds receivable
I passed below TDS Receivable Entry in the date of 31.3.17.BY,TDS Receivable A/c Dr-15000To,Party A/c Cr-15000Above Tds Recvble Received In Current Year 17-18 Then how would be entry..Please Reply..Thanks.
Replies (1)
It is not TDS receivable a/c.
Just Tax Deducted at Source a/c.
it is an assets a/c.
it will be adjust with tax liability.
In your case entry is: TDS A/c Dr.
To TDS Receivable a/c
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
