what is tds sections GST rets what is payable what is receivable and brs

Question

Accepted Answer

TDS sections, GST rets, payable and receivable, and BRS are all related to accounting and taxation.

TDS sections refer to the different sections of the Income Tax Act that deal with Tax Deducted at Source.
GST rets refers to the Goods and Services Tax returns that need to be filed by businesses.
Payable refers to the amount of tax or other liabilities that a company owes to the government or other entities.
Receivable refers to the amount of tax or other income that a company is owed by customers or other entities.
BRS stands for Bank Reconciliation Statement, which is a process of matching the balances in a company's accounting records with the corresponding information on a bank statement.

Accepted Answer

Sections 194C contractor 194H commotion 194I rent Sundry creditor sundry debtors  bank reconciliation statement

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