1. Is interest on Late deposit of TDS allowable ?
2. A Demand notice was issued against short deduction of TDS. Lately such Demand is paid to dept. can we claim it as an expense? (logic - excess tds paid is trfd to creditor a/c and creditor didnot paid such amt hence becoming baddebt)
Menu
Allowability of Interest on TDS and excess tds deposited to dept.?
Replies (2)
Quick Summary
1. No
2. Yes as sundry balances written off
2. Yes as sundry balances written off
Agreed with joshi ji
Recent Topics :
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
Related Topics :
CAclubindia
