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Why TDS and TCS paid in cash ledger
Why does the amount of tax deducted and collected on source is reflected in the cash ledger instead of credit ledger?
Replies (3)
its reflected in cash ledger because its deducted from your cash payment.
This is reflected in your cash ledger and it's deducted from your payment of cash.
it's good that it is reflected in cash ledger.
Refund can be claimed.
Refund can be claimed.
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