Tds - interest
This query is : Resolved
05 March 2013
Hi Friends,
We got query regarding interest applicable for TDS once value crossed over aggregate value of 75,000 for contract...
one vendor's for our concern has been issuing billing towards respective service , at present his invoice accumulation value were crossed over 75,000/- , whether we have to pay TDS along with interest for previous bills. or without interest...
please clarify
We got query regarding interest applicable for TDS once value crossed over aggregate value of 75,000 for contract...
one vendor's for our concern has been issuing billing towards respective service , at present his invoice accumulation value were crossed over 75,000/- , whether we have to pay TDS along with interest for previous bills. or without interest...
please clarify
05 March 2013
I replied this before in separate query
https://www.caclubindia.com/experts/tds-on-aggregae-value-194c-1246634.asp#.UTWkXzfHdyU
if you are not satisfied with that then you can wait other expert to answer on that
why query again & again.
i am leaving this query opened so other can reply
https://www.caclubindia.com/experts/tds-on-aggregae-value-194c-1246634.asp#.UTWkXzfHdyU
if you are not satisfied with that then you can wait other expert to answer on that
why query again & again.
i am leaving this query opened so other can reply
05 March 2013
I replied this before in separate query
https://www.caclubindia.com/experts/tds-on-aggregae-value-194c-1246634.asp#.UTWkXzfHdyU
if you are not satisfied with that then you can wait other expert to answer on that
why query again & again.
i am leaving this query opened so other can reply
https://www.caclubindia.com/experts/tds-on-aggregae-value-194c-1246634.asp#.UTWkXzfHdyU
if you are not satisfied with that then you can wait other expert to answer on that
why query again & again.
i am leaving this query opened so other can reply
05 March 2013
When different bills value exceeds Rs.75000 that time you should deduct TDS on total amount and you need not pay interest for the same.
05 March 2013
TDS to be deducted on Total amount. 75000/- is threshold limit and not exemption limit.
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
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Rental income of jointly held property
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- 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
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
