Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 June 2013
if interest on tds is deposited in bank a/c of customer it's an income so is it taxable?
when does an assesse receive interest on tds bec normally we receive net of income after deducting tds element.then why this int on tds?
when does an assesse receive interest on tds bec normally we receive net of income after deducting tds element.then why this int on tds?
13 June 2013
1)interest on tds is payable along with tds dedcted to the credit of government.
2)Please do check once it may be refund of incometax claimed in your ITR credited to bank account with interest.
3)if deductor delays in paymnet of tds to government he need to deposit tds with interest to government
Thanks & regards
Ganesh babu k
2)Please do check once it may be refund of incometax claimed in your ITR credited to bank account with interest.
3)if deductor delays in paymnet of tds to government he need to deposit tds with interest to government
Thanks & regards
Ganesh babu k
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
- Itr 1 processing
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
