Tds deducted u/s 194ia (sale of properties)
This query is : Resolved
sudesh kumar
(Querist)
24 July 2013
What if partial payment was made prior to 1st June 2013?
CA PARAS BAFNA
(Expert)
24 July 2013
What ever is paid -is excluded from the per-view of tds provisions.
.
TDS incidence has become effective from 1.6.2012.
.
From "credited or paid " which ever is earlier clause it can be claimed that amount paid was earlier than "any subsequent" credit in the books to the party. And when amount was partially paid, TDS provisions were not in effect.
.
.
TDS incidence has become effective from 1.6.2012.
.
From "credited or paid " which ever is earlier clause it can be claimed that amount paid was earlier than "any subsequent" credit in the books to the party. And when amount was partially paid, TDS provisions were not in effect.
.
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
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
