Demand of tds
This query is : Resolved
18 January 2012
I received a demand notice from IT dept regarding short deposit of TDS in FY 2009-10 relating to some parties. What accountinf entries i have to passed regarding this short deduction of tds not related to current financial year.
18 January 2012
It can be debited only as Penalty under expenses
18 January 2012
TDS on Regular Assessment (AY.......) Dr.(Keep this account under the head Indrect Expenses)
To Bank A/c....
(Being amount paid in accordance with demand raised on account of short deduction of TDS for the AY......)
To Bank A/c....
(Being amount paid in accordance with demand raised on account of short deduction of TDS for the AY......)
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
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
