Tds
This query is : Resolved
06 June 2013
Dear Expert. .
We have deducted TDS at the time of payment to the party say X co ltd.
Later we came to know that the deductee company is bogus company and it doesn't have PAN.
Here my problem is we have to remit the TDS to the govt,but with out PAN its not possible.
kindly help me, what to do now. . ?
Thanking you. .
We have deducted TDS at the time of payment to the party say X co ltd.
Later we came to know that the deductee company is bogus company and it doesn't have PAN.
Here my problem is we have to remit the TDS to the govt,but with out PAN its not possible.
kindly help me, what to do now. . ?
Thanking you. .
06 June 2013
TDS @ 20% IS APPLICABLE IF NO PAN IS AVAILABLE,
SO YOU NEED TO DEDUCT TDS @ 20% AND REMIT THE SAME TO IT DEPARTMENT
SO YOU NEED TO DEDUCT TDS @ 20% AND REMIT THE SAME TO IT DEPARTMENT
Message likes :
1 times
06 June 2013
if you have deducted TDS @ less rate than 20% , then you need to pay from on your pocket, otherwise your expenses will disallowed.
Message likes :
1 times
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Regarding IMS Mandatory from 1st July 2026
- Interest on SCSS
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
