Tds treatment
This query is : Resolved
27 September 2011
Tds of Rs. 20000 relating to the asst year 2001-02 has been shown in the balance sheet as on 31.3.2011.
assuming final assessment has been made,but IT department has not refund any amount till the end of 2011 against it,though refund return is submitted
by the assessee.
whather it would be prudent to write off tds amount for asst year 2001-02 in books ?
assuming final assessment has been made,but IT department has not refund any amount till the end of 2011 against it,though refund return is submitted
by the assessee.
whather it would be prudent to write off tds amount for asst year 2001-02 in books ?
28 September 2011
Yes, you can definately write off the TDS account and also mentioning the reason in Notes to Accounts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
