Avail 50% discount on all subjects for Nov batch(access till Nov 20th). Use coupon code Nov14.

×
Home > Experts > Income Tax > Tds on late payment charges to party


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Tds on late payment charges to party (Income Tax)

Report Abuse
This query is : Open

Author : Anonymous

( Author )
29 November 2012

Sir,
I would like to know that shall I deduct TDS on payment of late payment charges against purchase bills, if yes what is the rate.


Sunny Sonwal

( Expert )
29 November 2012

No, I don't think so.

TDS would be not applicable on that.


Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :









submit










Quick Links





back to the top