Tds and self assessment tax
This query is : Resolved
23 September 2011
When an individual who has set off his tds and self assessment tax of p.y 2009-10 in the same year, can he show the same amt in p.y 2010-11 balance sheet???
23 September 2011
Sorry i could not understand your query?
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
26 September 2011
No need to show TDS and paid self assessment tax.If you have shown provision for tax in py 2009-10, just debit that account and credit tds and paid 140-A amt against that and close the asset accounts.If no provision is made debit current or capital account of the proprietor or partners and credit the asset account
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