Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2013
I Have made payment of Rs50000 as a contract payment on 1.4.2012 then paid RS80000 to same person on 10.11.2012 and limit of Rs.70000 increased .Now i have to make tds and pay into department. My querry is that whether i have to pay interest on late payment of tds on Rs 50000.?
16 April 2013
No need to pay interest.
16 April 2013
tds on contractor limit is 30000 as on 01-04-2012. you paid 50000 to contractor. you should deduct tds. now you have to pay interest april to march onwards
17 April 2013
yes. rs500000 is single bill, interest has to pay.
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- Bank Accounts in Balance Sheet for ITR 3
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Annual return of gst limit
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
