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Why TDS and TCS paid in cash ledger

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4 Points Posted on 14 August 2019
Why does the amount of tax deducted and collected on source is reflected in the cash ledger instead of credit ledger?
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On 14 August 2019 at 21:07 Report
Replies (3)
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accountant
519 Points Posted on 14 August 2019
its reflected in cash ledger because its deducted from your cash payment.
2 Reply
On 14 August 2019 at 21:08
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7059 Points Posted on 15 August 2019
This is reflected in your cash ledger and it's deducted from your payment of cash.
33 Reply
On 15 August 2019 at 12:49
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GST Practitioner
55067 Points Posted on 16 August 2019
it's good that it is reflected in cash ledger.
Refund can be claimed.
301 Reply
On 16 August 2019 at 00:31


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