TDS REGARDING QU.

This query is : Resolved 
Quick Summary
This discussion clarifies the correct date for Tax Deducted at Source (TDS) deduction and deposit. If a GST invoice is issued in September but payment is made in October, TDS should be deducted on the payment date (12th October). The deposit date would then be the following month, within the specified timeframe. This is considered correct, provided no liability was already created for the invoice in September.

Profile Image

Profile Image

(Querist)
16 October 2023 DEAR RESPECTIVE SIR
MY QUERY IS IF PARY GIVIN ME GST INVOICE IN DATE 30.9.2023 AND I WILL MAKE PAYMENT DATE 12.10.2023. SO PLZ SUGGEST ME WHICH DATE TDS DEDUCATABLE AND DEPOSITED DATE I DEDUCTED TDS FOR DATE 12.10.2023 AND DEPOSITED UPCOMING DATE 1-7 NOV.
SO THIS IS RYT OR WORNG PLZ REPLY
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
16 October 2023 This is right provided no liability created for the invoice in September.
Profile Image

ANIL BHATI

Profile Image

ANIL BHATI (Querist)
20 October 2023 THANK YOU SIR ..........................
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
20 October 2023 You are welcome..
...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Prashant KotechaPrashant KotechaPro Member Tax SimplifiedTax SimplifiedPro Member SANJAY GAIROLASANJAY GAIROLAPro Member Nayan shettyNayan shettyPro Member Albert KurianAlbert Kurian
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category