TDS ON SALARY
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2010
WE R PAYING PROFESSIONAL FEES TO OUR PRODUCTION HEAD 50000/- IF I FORGET TO DEDUCT TDS FROM HIS FEES IN LAST MONTH WHAT WILL BE THE CONSEQUENSE???????
PLS EXPLAIN CLEARLY
PLS EXPLAIN CLEARLY
14 July 2010
IF YOU ARE PAYING PROFESSINAL FEE AND HE IS PROVIDING BILL FOR HIS PROFESSIONAL SERVICES IN A PROFESSIOANL CAPACITY.
THEN TDS IS TO BE DEDUCTED U/S 194j.
IF YOU FORGET TO DEDUCT IN LAST MONTH.
THEN DEDUCT IN CURRENT MONTH ON rS.100000 AND DEPOSIT IT WITH INTEREST.
THEN TDS IS TO BE DEDUCTED U/S 194j.
IF YOU FORGET TO DEDUCT IN LAST MONTH.
THEN DEDUCT IN CURRENT MONTH ON rS.100000 AND DEPOSIT IT WITH INTEREST.
14 July 2010
AGREE WITH BANSAL JI.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- MSME disclosure and disallowance
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
