banner_ad

Delay deposite of TDS

This query is : Open 
Profile Image

Profile Image

(Querist)
21 September 2009 There are three snario:

1) Expenses booked under the head rent during April ,2008 and TDS deducted on the same at the time of booking the expenses but deposited during April 2009.

2) In the above case the assessee has depoisted part of TDS on due date and balance during April , 2009
3) In the above case only CESS and Surcharge remains to be deucted during April ,2008 which has been deducted on 31.03.2009 and deposited ON 07.04.2009

What will be tax treatment in all above cases.
Profile Image

CA SANJAY MUKHERJEE

Profile Image

CA SANJAY MUKHERJEE (Expert)
21 September 2009 W.E.F A.Y 2005-06 under Section 40 (a)(ia)
in case of certain expenses, Interest,Commision/brokerage,Fees for technical/professional services,payment to contractor/subc,rent and royalty if TDS not deducted/deposited then the whole expenses incurred will be disallowed during Financial year 2008-09( in your case) and will be allowed in 2009-10 if duly deposited.

It should be reported in your tax audit report.

Moreover it may attract penalty u/sec 271C.

regards,
Sanjay
Profile Image

CA Suresh Choudhary

Profile Image

CA Suresh Choudhary (Expert)
21 September 2009 Agree with Sanjay
Profile Image

CA HANI

Profile Image

CA HANI (Querist)
21 September 2009 what is case of part deduction ,and only in case Cess and Surcharge not deducted
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!




Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
CHARTERED ACCOUNTANT ARTICLE ASSISTANT

KPRS And Associates

New Delhi

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details