TDS u/s 194a
This query is : Open
16 February 2017
what if an individual, not falling under income tax audit, inadvertently deducts and pays tds while making payment of interest to unsecured creditors?? Is he required to deduct the tds in subsequent years also??
16 February 2017
Not required to deduct TDS in the subsequent years.
16 February 2017
Will there be any legal consequence?
16 February 2017
No consequences...............
16 February 2017
Thank you Sir
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
- Clarification on Old to new regime - 10-IEA
- MP Minimum Wages Act
- Expenses related
- REGARDING CAPITAL CONTRIBUTION BY PARTNER
- AIS reflecting Aggregate interest on kvp, not accrued .
- Notice under section 143(2) of the Income-tax Act, 1961
- Return forms related
- Wronly generated e-way bill
- Imps payment related
- CAPITAL GAIN TAX FOR PARTNERSHIP FIRM
- Booking of Diesel Expense
- Rule 37 of CGST/SGST Rules: ITC Reversal on Non-Payment Within 180 Days
- RCM on Purchase from Unregistered dealer
- Regarding Sec 54 of Income tax act
- Samples given to outside india for customer
- ITC on Pantry Expense
- Material Invoicing - Query
- Input on insurance service
- Accounting For Mediclaim Reimbursement To Employees
- PTEC Name Change
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
