Tds provision
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2011
We have made a provision of tax liability in March 2010 but forgot to settle in with next RA bill in Dec2010 and TDS deducted on expenditure without settle the tax provision, Both the TDS (of provision and Bill) was deposited and TDS certificated issued accordingly.
In march 2011 we had not created new provision b'coz old provision still lying in our books.
Now in Aug 2011 next RA bill come for same order. In this case my question are:
1)With this RA Bill I can adjust the old provision that i created in Mar2010?
In march 2011 we had not created new provision b'coz old provision still lying in our books.
Now in Aug 2011 next RA bill come for same order. In this case my question are:
1)With this RA Bill I can adjust the old provision that i created in Mar2010?
07 August 2011
yes. you can settle the TDS amount in next RA bill
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 registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Tax rate change regarding
- GST ISSUE OF INPUT AND OUTPUT GST
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Non filing of I T Returns
- TDS on Fixed Assets purchased
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- 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
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
