tds on preoperative exp.
This query is : Resolved
04 December 2008
whether tds will be deducted on preoperative exp.if we dont deduct tds then that particular exp.will not be allowed in our P/L a/c.as preoperative exp are also deffered exp.if we not deduct tds, then what are the consequences of this.
04 December 2008
RECOVERY OF TDS HOWEVER NOT DEDUCTED, INTEREST AND PANALTY CAN BE LEVIED BY THE DEPARTMENT IF THE TDS IS NOT DEDUCTED/DEDUCTED BUT NOT PAID TO THE CREDIT OF GOVT.
04 December 2008
penalty and prosecution will be attracted
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