Tds receivable

This query is : Resolved 

25 November 2011 sir
why we transfer the tds receivable to owner capital a/c i.e. cr.,to tds after the assessement of it

25 November 2011 It is because if there is no TDS receivable we have to w/off it However since this is not an expense it is debited to Capital Account.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries