Tds


This query is : Resolved 

01 January 2016 the work is executed by firm, and the payment is also made to the firm but the tds deducted and credited to the partner of the firm. it is acceptable as per the income tax act kindly intimate me the same. thanking you

01 January 2016 sir
the work is executed by firm, and the payment is also made to the firm but the tds deducted and credited to the partner of the firm. it is acceptable as per the income tax act kindly intimate me the same. thanking you


02 January 2016 It is not acceptable in income tax as partner and firm both are separate tax entity it is advised to kindly intimate the mistake to payer and got the tds return revise for that purpose.

02 January 2016 TDS should be deducted in firm name.
Ask deductor to revise their tds return


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
Featured 06 August 2026
Junior Accounting Associate

Prish Consultancy LLP

New Delhi

B.Com

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
11 August 2026
Manager / Senior Manager - Statutory Audit

CommerceCareer

New Delhi

CA

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
ARTICLESHIP 10 August 2026
Article Assistant

Suraj Garg and Associates

New Delhi

CA Inter

View Details