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3CD column 34

Others 230 views 10 replies
whether the amount reflected in column 34 of 3CD, regarding interest u/s 201 can be different from the amount claimed in
P/L as interest on TDS... what is the amount in col 34 comprises of
Replies (10)
the amount which is actually paid u/s 201
thanks for reply...pl clarify further
can the amounts in col 34 and that claimed in p/l as interest on tds be different or should it be same or in case it can differ then which amount can be higher
as per accounting principles ...the actual interest charged under section 201 should be booked in p&l account...
You can match interest charged u/s 201 by viewing tds returns or by login on traces
if in audit report also, auditor mention the amount u/s 201, then should it tally with amount claimed in p and l
yes ...it should be matched....simple...you can only book the amount of expense which actually accrue
thanks a lot
you are most welcome
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