Non deducted tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 January 2015
Dear all
I have given construction contract RS. 1000000.an after complete the contract. i have made full payment.but mistakenly i have not deducted tds on that amount. i wound have to pay any interest or penalty now..
I have given construction contract RS. 1000000.an after complete the contract. i have made full payment.but mistakenly i have not deducted tds on that amount. i wound have to pay any interest or penalty now..
30 January 2015
Hi
Yes, You need to pay TDS with Int. there on ASAP. Penalty to be paid on receipt of demand notice from AO.
You may recover TDS amt. from debtors post payment of TDS & issue form 16A.
Thanks!!
@VaibhavJ
Yes, You need to pay TDS with Int. there on ASAP. Penalty to be paid on receipt of demand notice from AO.
You may recover TDS amt. from debtors post payment of TDS & issue form 16A.
Thanks!!
@VaibhavJ
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2015
Respected sir
i have ask to my debtors. for tds amount
but he has refused.
i have made full payment. but not deducted tds.
what should i do now.
i have ask to my debtors. for tds amount
but he has refused.
i have made full payment. but not deducted tds.
what should i do now.
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