Tds applicability
This query is : Resolved
11 October 2015
While conducting audit which all expenses and incomes we should check whether TDS provisions has been complied with or not.
pls reply
11 October 2015
Please go through TDS provisions first.
Check expenses like, Interest Paid, Commission, Rent, Salary, Payment to contractors, Professional/Technical Fees etc.
Check expenses like, Interest Paid, Commission, Rent, Salary, Payment to contractors, Professional/Technical Fees etc.
11 October 2015
You may ask your auditee to provide schedule of expenses (for account heads such legal & professional, rent, commission, salaries etc) with an analysis that Tax deducted items and tax not deducted items with reasons for non deduction of tax. So, that your job will be simplified and the auditee is in a better position to provide such information with ease and convenience.
Such details may be filed properly as audit working file.
Such details may be filed properly as audit working file.
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
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Traces submitting correction statement error
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- LIABILITY ADJUSTMENT
- Grand in aid
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- TDS on property - Form 141 query
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- 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
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
