About late payment fee for late filing of tds return
This query is : Resolved
09 November 2015
I Got the notice from TDSCPC for late filing of TDS Return for 4 Days Rs. 800/- Alongwith this I got the Notice for short deduction u/s 94C for that I cut the TDS @ 1% for Co-Operative Society, is this correct or Should I Charge the TDS @ 2% for 94C (payment to contractor)
ANKIT AGARWAL
(Expert)
10 November 2015
Pay 2% and pay 800. File online correction.
Radhakrishnan K.V.
(Expert)
13 December 2015
Late fees u/s 234 cannot be charged for the period prior to 01-06-2015 as the invoking section was incorporated only in the FA-2015-16.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
