Tds late deduction
This query is : Resolved
20 September 2013
A company has not deducted TDS on Audit fees provision as on 31/3/2013.During the audit they realised that it is to be deducted on provision.So they are making TDS deduction on 20/9/2013 and making payment that day itself.
Whether the provision for audit fees will be allowed u/s 40(a)?If not disallowed then it wil appear under late deduction head?
Whether the provision for audit fees will be allowed u/s 40(a)?If not disallowed then it wil appear under late deduction head?
20 September 2013
It is disallowed in a.y.12-13 and allowed in next year
24 September 2013
If TDS is Deducted on 31/3/13 and payment is made on 21/09/2013?what are the consequences?
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
- TDS 194-T applicability
- Tds on commission charges
- Applicability of GST on Salary Reimbursement Component
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- Dep. as per companies act
- FAST-DS Scheme - Foreign Assets
- New GST registration for new place of business.
- Regarding Applicability of Tax Audit u/s 44AB
- Salary from Qatar in Dollars in India
- CHECK RELATED
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- 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
Quick Links
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
CCI
Pro
CAclubindia
