Tds refund

dear seetharaman,, you are taking me in a wrong way...let me explain.

the case in my hand is to be dealth with BOOKS & ACCOUNTS MAINTAINANCE CASE and i need to fill all the details in the income tax return.

Balance sheet is having an item of TDS RECEIVABLE in the asset side.

Now while filling the itr-4 form under which column this TDS RECEIVABLE should be inserted????

Earlier your question is not clear. Now you have stated your requirement clearly.

You have to fill the following.

Under b loans and advances

iii Balance with revenue authorities.

Originally posted by : SEETHARAMAN
	Earlier your question is not clear. Now you have stated your requirement clearly. You have to fill the following. Under b loans and advances iii Balance with revenue authorities.

THANKS SIR for your reply,,,, but some one has suggested me to mention it in the column of

" other current assets" stating that "balance with revenue authorities" deals with balance in regard to the sales tax dues  ......kindly explain the validity of the same..

thanks

Originally posted by : SEETHARAMAN
	Revenue authorities includes both state and center. Filing up in balance with revenue authorities is appropriate. You will not face any problem by filling it under this head, being a balance sheet item.

thanks sir ji....but in case i have already shown it under other current assets ,,willl it effect the refund??

No it will not affect the refund.

thanku so much for removing my doubts