Tds
This query is : Resolved
11 July 2014
Hi,
We have not deducted TDS u/s 94J for Jul'13 transaction, hence he is the first time vendor and the Total amount is 18K only so limit not crossed. After few months we did some transactions with the same vendor for 3 Lakhs for that we have deducted tds correctly, but we missed to deducte TDS for Jul'13, as per rule we have to deducted TDS for the begining tranasction also at the time of crossing the Limit.
Now we are ready to pay the TDS amount + Interest
My Query is after making the payments we have to file the Revised return for FY 13 - 14 Q2, I that i need to add the Payment challan and I need to give the break up in Annex I, if i show the breakup in Annex 1 means that TDS portion will reflect in that Vendor 26AS, whether we have to recover the TDS amount for vendor or we have to leave it hence the mistake of us?
Kindly helpme in this issue.
We have not deducted TDS u/s 94J for Jul'13 transaction, hence he is the first time vendor and the Total amount is 18K only so limit not crossed. After few months we did some transactions with the same vendor for 3 Lakhs for that we have deducted tds correctly, but we missed to deducte TDS for Jul'13, as per rule we have to deducted TDS for the begining tranasction also at the time of crossing the Limit.
Now we are ready to pay the TDS amount + Interest
My Query is after making the payments we have to file the Revised return for FY 13 - 14 Q2, I that i need to add the Payment challan and I need to give the break up in Annex I, if i show the breakup in Annex 1 means that TDS portion will reflect in that Vendor 26AS, whether we have to recover the TDS amount for vendor or we have to leave it hence the mistake of us?
Kindly helpme in this issue.
11 July 2014
pls deposit the TDS with intt. and revise the TDS return of related QTR.
and you can recover the TDs amount from the vendor.
and you can recover the TDs amount from the vendor.
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- Minimum tax payable to file Updated return
- Tds on commission charges
- Applicability of GST on Salary Reimbursement Component
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Dep. as per companies act
- New GST registration for new place of business.
- Change Of Karta In Case of Death
- UDIN ISSUE
- Salary from Qatar in Dollars in India
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
Quick Links
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
