Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 February 2017 Sir,

My Comapny Pay Rent of Rs.80,000/- form April 2016 But no TDS amount is collected, Paid and TDS returns are not filed. Also the payment made through cash. I am new employee. I just Joint on this month. So I recognized the mistake. What I do?

Sandeep Sankaran

Sandeep Sankaran (Expert)
Follow

14 February 2017 Deduct the applicable tax from this month's rent and pay it along with interest and late filing fee. Otherwise disallow 30% of rent paid at the time of filing income tax return.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok