16 September 2009
TDS & Sales Tax is already our Liabilities but i want know that We have to make Provision For the Month Of March Liabilities At year end ? Why
16 September 2009
YOu don't have to make any provision of TDS & Sales Tax because, these a/c's are related with collect amount from Repective person and deposit it in Govt. A/c
17 September 2009
not clear about your question. But TDS and sales tax are your liability because you are the agent of the Govt. and we make provisions to arrive at the true and fair position.
CAclubindia
