Tds not deducted
This query is : Resolved
29 August 2013
Hi guys.
pls help, we have not deducted the tds on commission paid to agent ( other then insurance comm ) for the FY 2012-13 and also not file the tds return.
now assesee does nt want to deposit the same.
we dont want to disallow the commission expenditure. so is there any way for this
Can we bifurcate the commission expenditure to various heads eg.( staff welfare, Business promotion etc )
pls suggest
thanks
pls help, we have not deducted the tds on commission paid to agent ( other then insurance comm ) for the FY 2012-13 and also not file the tds return.
now assesee does nt want to deposit the same.
we dont want to disallow the commission expenditure. so is there any way for this
Can we bifurcate the commission expenditure to various heads eg.( staff welfare, Business promotion etc )
pls suggest
thanks
05 September 2013
since the TDS not deducted and paid, the same will be disallowed u/s.40a(ia), possibility is there to raise the penalty by the department as well
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
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Foreign lottery ticket bought online from India: legality, tax and consequences
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Gift Received from nonblood relative
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- 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
