TDS
This query is : Resolved
20 July 2010
In case of Partnership firm, it has paid Rs.30000 as Profesional fees and forgot to deduct TDS on it.later on they decided to deduct tds? but they have not TAN No.
what happened with party to whom such fees were paid from the view point of his Income tax return? such professinal has to file return before 31st July?
what happened with party to whom such fees were paid from the view point of his Income tax return? such professinal has to file return before 31st July?
20 July 2010
For claiming TDS as refund filing return within 31st july, 2010 is not mandatory he can also file belated return till 31.03.2011. But please make sure that the deductor has obtained TAN and filed his TDS return otherwise you will not get credit of TDS deducted from you.
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