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TDS

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(Querist)
31 March 2009 Dear Frinds
I have a very urgent query ,

We are duducted a TDS more than Actual Tds so shall we are take as advance Tax in Balance Sheet during current Financial Year.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
31 March 2009 No, TDs is not your's its deducted from party and certificate to be given to concern party. he will claim in his return.


If any TDS deducted on your company and you have recd or to be recd TDs certificate then you can consider it as advance tax paid.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
31 March 2009 i agree with Mr. Ram
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