03 January 2019
Sir, I have not deducted TDS on professional fee paid during April-18 to Dec-18 as we had no TAN.But on 01.01.2019 I have applied for TAN. I am I liable to pay tds on professional fee paid during April-18 to Dec-18. Will there be any late filing fee as 3 quarters have already completed
04 January 2019
First of all check whether your client was in audit in PY or not (Individual / HUF only). Other than Individual and HUF, TDS is applicable from the day one. Hence if you are company or partnership firm, TDS Should be deducted from the entry made in accounts.
CAclubindia
