TDS
This query is : Resolved
22 January 2009
(1) A payment was made for office
decoration to one party without
deducting TDS in the yr ending
31.3.06:
Is TDS liability there?
If liability- whether the same
can be deposited now with
interest?
If deposited now how the
expenditure disallowed can be
claimed now?
(2) A contractual amount is paid after TDS to a party for data Access on yearly basis and debited in full in the yr of contract in the month of July every yr. In scrutiny, part of the expenses for April to June for next yr disallowed. What is to be done?
Filing of appeal or filing revised return for next year which has already been processed for refund?
decoration to one party without
deducting TDS in the yr ending
31.3.06:
Is TDS liability there?
If liability- whether the same
can be deposited now with
interest?
If deposited now how the
expenditure disallowed can be
claimed now?
(2) A contractual amount is paid after TDS to a party for data Access on yearly basis and debited in full in the yr of contract in the month of July every yr. In scrutiny, part of the expenses for April to June for next yr disallowed. What is to be done?
Filing of appeal or filing revised return for next year which has already been processed for refund?
22 January 2009
1) TDS provisions attracts.
Can be deposited now with interest.
Can be claimed as exps in F.y 2008-09.
2) Appeal is meaningless. Try for rectification in the concerned next year.
Can be deposited now with interest.
Can be claimed as exps in F.y 2008-09.
2) Appeal is meaningless. Try for rectification in the concerned next year.
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