TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 July 2010
Hi
REspected Member
Can any one tell me if the company follow accural systme of accounting, then suppose if any bill of 15 April received on 15 May on which TDS applicable.
Then when will it will booked whether on 15 April or 15 May.
And when TDS shall be deposited.
REspected Member
Can any one tell me if the company follow accural systme of accounting, then suppose if any bill of 15 April received on 15 May on which TDS applicable.
Then when will it will booked whether on 15 April or 15 May.
And when TDS shall be deposited.
04 July 2010
As accrual system of accounting the bill shuold be account in 15th April only and tds need to be deducted whether bill credit to party account or payment which ever is earlier. so in this case tds need to be deduct 15 th April provided the payment not made earlier
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Difff in ais receipts and gst turnover
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- ITR-3 File/Error Found
- ASMT-10 received from A O
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
