E-tds quartnerly return


This query is : Resolved 

(Querist)
30 May 2012 Whether processing fees paid on sanction of Cash credit loan can be amortised over the period of the CC or should it be expenses off straightaway?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 May 2012 I have filed e tds return 24Q, but the 24Q was rejected though there was no any correction require in the return. NSDL helpline center advised to file again the same return. I filed it but once again it was rejected with the reason that regular statement was filed earlier and so more than one regular statement cant accepted.

Now what should i do? As correction is not needed i cant file correction statement and nsdl shall not accepted regular statement?

Help me in this matter...

30 May 2012 Dear Anoop,
The Loan processing fees should be expensed straight away in the form of Financial Exps.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
13 November 2026
Accountant

New Mobile India

Muzaffarpur

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
14 November 2026
Manager - Indirect Tax (GST)

Westbridge Consulting LLP

New Delhi

CA

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details