Itr
This query is : Resolved
26 October 2013
WE YET FILE ITR FOR AY 13-14 (PARTNERSHIP FIRM) TDS ON RENT & JOBWORK NON DEDUCTED. IF WE DEDUCT TDS NOW & FILE TDS RETURN. CAN WE CLAIM ABOVE EXPANSE'S. AUDIT IS NOT REQUIRED.
26 October 2013
ITR to be revised after deducting TDS
26 October 2013
yes you pay tds which needs to be pay as per act along with delay interest caluculated u/s 201(1A)
.
.
once you paid tds your expences are allowed
.
.
you can file income tax return belated
.
.
once you paid tds your expences are allowed
.
.
you can file income tax return belated
26 October 2013
If i am not wrong, to claim expenses for AY 2013-14, you need to deposit taxes by the due date under sub-section (1) of the section 139 of the Act.
Given that you have not paid taxes within the due date under 139(1), you should not be able to claim expenses in AY 2013-14. However, you should be able to claim deduction in respect of such expenses in next assessment year.
Only exception is where you are covered under proviso to Section 201(1).
other experts may correct me if I am wrong.
Given that you have not paid taxes within the due date under 139(1), you should not be able to claim expenses in AY 2013-14. However, you should be able to claim deduction in respect of such expenses in next assessment year.
Only exception is where you are covered under proviso to Section 201(1).
other experts may correct me if I am wrong.
Message likes :
1 times
26 October 2013
i agree with nikhil ji
.
.
as due date is already crossed cannot eligible for this year,,can claim this expence in next year
.
.
thanks nikhil ji for giving best answer
.
.
as due date is already crossed cannot eligible for this year,,can claim this expence in next year
.
.
thanks nikhil ji for giving best answer
Message likes :
1 times
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Copyright software
- SFT Cash Deposit in Current Account
- Regarding TDS Applicability For Director Remuneration
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
