How to handle TDS and GST Tax in Accounting?

A How to handle TDS and GST Tax in Accounting? India has simplified Tax mechanism by introducing GST.  For any business entity – society, Shopping Centre, Corporate Park, Tax handling is very critical. Few Questions to be answered are: Tax is Asset or Liability? The answer is both. Tax as Asset TDS Receivable, Input SGST, … Continue reading How to handle TDS and GST Tax in Accounting?