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Proper head for service tax paid

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 July 2013 plz, can anybody tell me that 'service tax' paid by any party is to be shown under which head of his final account at the time of audit.?
it's urgent.... plz...
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 July 2013 Incase liability then show under other current liabilities. if asset, show under other current assets and loans & advances

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