Menu
Tds reiveable
CAN ANYONE PLZ TELL ME IS THEIR ANY IMPACT ON CASH BALANCE WHEN TDS IS DEDUCTED FOR AN INSTANCE ONE RECIVE A RENT AMOUNTING RS100000 ON WHICH TDS AMOUNTING RS 10000 HAS BEEN DEDUCTED SO WHEN ONE RECORDS THIS ENTRY AS RENT RECEIVED WHAT WILL BE THE ENTRY AND DOES CASH BALANCE REALLY EFFECTED FROM THAT OR NOT
Replies (1)
Entry will be
Bank A/c..dr
TDS receivable A/c..dr
To Rent received
cash or bank will not be affected by any means.
Recent Topics :
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
Related Topics :
CAclubindia
