EASYOFFICE

Income tax demand & tds demand

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 August 2013 SIR/MADAM,
PLEASE TELL ME THE ACCOUNTING TREATMENT OF INCOME TAX DEMAND & TDS DEMAND IN THE BOOKS.
ALSO TELL ME IF TDS DEMAND IS AGAINST LATE DEDUCTION AND INTEREST PAYMENT.

THANK
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
24 August 2013 Incase of demand is normal income tax, you can credit the income tax payable and debit p&l a/c

Incase of penalty debit as penalty

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


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links