Easy Office
Easy Office

Accounting for college

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 January 2022 How should a college record the following items in its books of accounts?
1. Development Fee
2. TDS
3.Provident Fund
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
27 January 2022 1 Treat it as direct income in p and l.
2 TDS keep it under current assets and adjust against tax payable.
3 Provident fund charge it as expenses.

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links