Tds on salary payment
This query is : Resolved
Rajkumar Gutti
(Querist)
05 November 2018
WE HAVE PAID SEPT.18 SALARY ON 25 OCT.18.BUT SALARY TDS IS CREDITED
IN TO BOOKS OF ACCOUNT ON 30 SEPT.18. BUT ACTUALLY SALARY DISBURSEMENT ON 25 OCT.18. TDS ON SALARY PAID ON 26.10.18.
MY QUESTION - IS IT INTEREST PAYABLE ON TDS ON SALARY FOR TWO MONTH
REGARDS
RAJKUMAR GUTTI
IN TO BOOKS OF ACCOUNT ON 30 SEPT.18. BUT ACTUALLY SALARY DISBURSEMENT ON 25 OCT.18. TDS ON SALARY PAID ON 26.10.18.
MY QUESTION - IS IT INTEREST PAYABLE ON TDS ON SALARY FOR TWO MONTH
REGARDS
RAJKUMAR GUTTI
05 November 2018
Tds deduction liability arise when salary is actual paid so there will not be any interest Liability
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
05 November 2018
Tds deduction liability arise when salary is actual paid so there will not be any interest Liability
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
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