Tds

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 January 2014 Dear Sirs,

Please guide me when to take entry of tds. If I deduct Rs.500/- on 29.12.2013 and pay tds of Rs.500/- on 02.01.2014 then should I take the entry on Q3 (as tds was deducted on Q3) or should I show this entry in Q4(being tds amt paid in Q4)?
Please reply
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
04 January 2014 i t will be always booked when it is due to be deducted on the earliest of time basis.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 January 2014 Then what happens if it filed as per payment date ?? Is there any penalty. Please reply
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
04 January 2014 then it will be late payment if paid later then due date then int needs to be paid.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us
budget 26-27


Answer Query



Quick Links



Browse by Category