Tds inrespect of 26qb
This query is : Resolved
01 May 2015
sir may clients has purchase a plot of RS 5200000 as 4 intallments basis per installment 1300000 in thise what amount tds will deduct?while feeling form no 26qb to select the option installments.
CA PARAS BAFNA
(Expert)
02 May 2015
TDS is to be deducted on the basis of credit or payment, whichever is earlier.
.
In case possession and registration has already been made-deduct TDS on full amount.
.
If registration will be done later, you may deduct TDS on payment basis. i.e on 1300000.
.
.
In case possession and registration has already been made-deduct TDS on full amount.
.
If registration will be done later, you may deduct TDS on payment basis. i.e on 1300000.
.
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 credit note by supplier
- Reward for festival
- 18% Rent a cab
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- RCM and same line
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- Closer of business and itc of capital goods
- Appointment of Auditor By Form ADT-1
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
