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tds on advance payment

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(Querist)
08 July 2008 we in the month of march we have paid amt which was tds deductable but we forgot on advance payment so what is disallowed coz we have not booked exp. only advance payment is given
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CA.Satinder Pal Singh

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CA.Satinder Pal Singh (Expert)
08 July 2008 How much is the advance and nature of expenditure?
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sachin saxena

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sachin saxena (Querist)
08 July 2008 for contractor and rs 500000
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CA supriyo saha

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CA supriyo saha (Expert)
08 July 2008 disallowance will be to the tune of @2% or 1%
(in case of advertising contract and payment to the sub-contractor). so the amount comes as follows :-

paid=Rs 500000/-

tax calculated thereon- 2%500000=10000

add : Education cess @ 3%- 300
_______________
Total 10300/-
_________________
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sachin saxena

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sachin saxena (Querist)
08 July 2008 plz tell me how can be possible that no expenditure booked. how i show in 3CD form only advance is fiven to contractor
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sachin saxena

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sachin saxena (Querist)
09 July 2008 slove the query
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