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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
