22 July 2010
Sir Please tell me the solution of the below problem:- There is only a single A/C opened for TDS Receivable For A/Y 07-08,08-09,09-10,10-11 whereas seperate A/cs opened for Prvosion for taxation viz.Provision for taxation(AY 07-08) ,Provision for taxation(AY 08-09)and so on
Is it right to operate a single A/C for TDS Recoverable for all years,whether it will create any problem? From the point of view audit,can any objection be raised?
CAclubindia
