Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2011
1.Whether TDS need to be dedcuted by Pvt Ltd. co. while paying remuneration to director ?
2.If amount paid for both TDS on Int. & TDS on commisssion by single challan by writing on challan only section 194 h ,Whether we need to rectify it before submission of return & what is the procedure of rectification ?
2.If amount paid for both TDS on Int. & TDS on commisssion by single challan by writing on challan only section 194 h ,Whether we need to rectify it before submission of return & what is the procedure of rectification ?
23 September 2011
1. Yes, you need to deduct TDS while paying the remuneration to director.
2. you can not pay the TDS of different codes through one challan. If you had paid the same through a single challan then you need to pay TDS for Interest. For excess payment of TDS in code 194H you should approach the Assessing Officer of your ward/Circle for refund.
2. you can not pay the TDS of different codes through one challan. If you had paid the same through a single challan then you need to pay TDS for Interest. For excess payment of TDS in code 194H you should approach the Assessing Officer of your ward/Circle for refund.
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Foreign inward in ITR
- TAX AUDIT QUESTION
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
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
