Tds
This query is : Resolved
09 August 2014
Rent expense for the month of march Rs 100000
Invoice date 1/1/2014
booking date 1/1/2014
but on booking date tds payable is not credit
ie entry passed is
rent Dr 100000
to party 100000
on 15/1/2014
entry passsed is
party Dr 10000
to Tds-rent 10000
and the same is paid by 7/2/2014
is it considered as late deduction of tds under tds provisions
payment to party is made after 7/2/2014
09 August 2014
it is paid by you with the due time it is not late deposit
09 August 2014
Since it is paid on 7th February, which is the due date, no interest for late deduction 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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Plot of land. Cost of Acquisition
- Specified Profession
- GST ON DAMAGED GOODS
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- 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
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
