tds on professional charges
This query is : Resolved
v.n.awasthi
(Querist)
10 December 2009
dear experts
we are prop. ship concern . in the year 2008-09 we have debited accounting charges rs. 96000.00 and have not deducted any tds. Is there any liability of firm for tds deduction. if yes kindly tell the rate and penalty.
we are prop. ship concern . in the year 2008-09 we have debited accounting charges rs. 96000.00 and have not deducted any tds. Is there any liability of firm for tds deduction. if yes kindly tell the rate and penalty.
CMA Ramesh Krishnan
(Expert)
10 December 2009
Dear Awasthi,
Profesional Charges TDS is 10.30% during 2008-09, but your question Accounting charges paid to one party or different party , if he one party whether it is Company or others, please give full details
Profesional Charges TDS is 10.30% during 2008-09, but your question Accounting charges paid to one party or different party , if he one party whether it is Company or others, please give full details
v.n.awasthi
(Querist)
11 December 2009
dear sir !
accounting charges paid to one person.
i.e.individual
is there any penalty of non deducation
of tds. can we allocate more then one person to save from penalty.
thanking you.
accounting charges paid to one person.
i.e.individual
is there any penalty of non deducation
of tds. can we allocate more then one person to save from penalty.
thanking you.
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