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25 December 2013 why tds is treated as current assest in balance sheet
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
25 December 2013 TDS is same as Advance Tax and therefore treated as Current Assets.
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
25 December 2013 Because within one year it is likely to be adjusted : either with tax or with a refund.
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