Short tds deduction u/s 192
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 November 2015
Dear experts,
Weather short deduction of TDS on salary u/s 192, is liable to pay short fall amont With 1% interest or not, plz clarify....
Regard
Vimal jalaun
Weather short deduction of TDS on salary u/s 192, is liable to pay short fall amont With 1% interest or not, plz clarify....
Regard
Vimal jalaun
08 November 2015
Yes. You are required to pay short deduction amount along with interest on short deduction of TDS. Also revise the return after payment.
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 November 2015
Sir, many tax experts beliave that no need to pay short fall amount with interest u/s 192 that means TDS on estimated income, plzz clarify..
08 November 2015
At the end of the year, it is not estimated income, so TDS remitted for March month shall cover the complete amount
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
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Copyright software
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- 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
