Payment of income tax
This query is : Resolved
08 July 2013
I have worked three company in the financial year 2012-13, The TDS was not deducted by the companies equal to my income.
currently, I have to make difference of tax. while I am submitting the return, how to make the difference of tax payment to the authorities.
If I file the return in august 5th or 6th with difference tax, what is the penalty to be payable.
REgards
L.JAGADEESWARAN
currently, I have to make difference of tax. while I am submitting the return, how to make the difference of tax payment to the authorities.
If I file the return in august 5th or 6th with difference tax, what is the penalty to be payable.
REgards
L.JAGADEESWARAN
08 July 2013
you need to consolidated all 3 companies income and find out tax liability and deduct the tds by companies and pay the balance as self assessment tax. need to pay and submit the return on or before 31st July 2013
otherwise Interest u/s.234A & penalty Rs.5000 will attract
Even now you will pay the interest u/s.234B & 234C
otherwise Interest u/s.234A & penalty Rs.5000 will attract
Even now you will pay the interest u/s.234B & 234C
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
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Regarding Applicability of Tax Audit u/s 44AB
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- TDS on TRUST
- Consolidated financials
- Withdrawal in cash from partners capital account by partner
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
