Tds payment
This query is : Resolved
18 June 2013
Can TDS on expense for AY 2012-13 can be paid by selecting AY 2013-14 while making payment?? We have disallowed the same in AY 2012-13.
18 June 2013
Yes, payee will be able to get credit in AY 13-14
18 June 2013
but it will not be against law as it is expense of 2011-12?? kindly reply thanks
18 June 2013
Definitely, as you will be overriding interest charge in this case.
Message likes :
1 times
18 June 2013
We have not file E-TDS return fot AY 13-14 yet. So while linking transaction with the challan, which date we will put as it exp of 2011-12 (AY 12-13) & we are making payment in AY 2013-14 & selecting the same year while making payment?
18 June 2013
TDS return will not accept any date outside the financial year. It is better to go with AO to rectify challan and then file revised return for AY 12-13
18 June 2013
then how the payee will get the benefit if payment is made in AY 13-14?
18 June 2013
In that case payee will be availing it in AY 12-13 only.
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
- Itr 1 processing
- Reporting Income under Section 44ADA
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- TDS ON CASH WITHDRAWALS...
- Annual return of gst limit
- U/s 44AD of Income tax
- LIC Annuity received under Jeevan Akshay Scheme
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
