TDS-Liability of Tax Deductor
This query is : Resolved
21 October 2010
Hi Experts!
Mr. X deducted Tax on rent for payment of rent to Mr. A and also make payment to the credit of government. He also issue Form 16A to Mr. A.
But he has not file quaterly return in Form 26Q so Mr.A not found Tax credit in 26AS.
Is there any liability of Tax Mr.X for non filing of return?
What should do Mr.A if Mr. X refuses to file Return?
Mr. X deducted Tax on rent for payment of rent to Mr. A and also make payment to the credit of government. He also issue Form 16A to Mr. A.
But he has not file quaterly return in Form 26Q so Mr.A not found Tax credit in 26AS.
Is there any liability of Tax Mr.X for non filing of return?
What should do Mr.A if Mr. X refuses to file Return?
21 October 2010
Mr X is liable to file TDS return otherwise he will have to bear penal consequences. There is a penalty of Rs 100 per day for delay in filing return subject to maximum TDS amount involved. You have the proof of deduction in the form of Form 16A. You are just required to submit the same to your AO and he will take necessary steps by sending a letter to Mr X. You dont have to worry. As he has deposited the tax amount.
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Eway bill not cancelled within 24 hous what can be due
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- Eway bill generation from place other than registeted
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
