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Tds

This query is : Resolved 

02 April 2015 HELLO
Suppose Mr x(deductee) never file Income tax return for its Business,but having PAN
Mr Y(Deductor)made Income payment to X for his business provide to Mr Y,and deduct Tds and did not filed tds and payment to govt. How Govt Know About Tds Transaction fo its revenue

02 April 2015 Government will not know till TDS is paid and TDS return is filed. TDS amount will not be reflected in your 26AS. So deducted should ask deductor to pay TDS, file return and provided TDS Certificate.

02 April 2015 This non compliance will also attract interest and penalty payment for Mr.Y.






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