Menu
insurance Co. Tax Audit Query
Insurance co. wrongly deposited excess TDS of Rs 500, but excess deposted amount not adjusted in Tds return...It is recorded as expense in P&L A/c. What is the treatment of that expense of Rs 500 in Tàx Audit??
Replies (3)
I think we have to show in balancesheet as assets
What if they do not rectify the entry? Whether disallowance of expense in Tax Audit?
Wrong deposit TDS excess for TDS refund claimed in Traces.gov.in after 60days refund credit your are acc
Recent Threads
- TDS on Joining Bonus
- How to complete form10E Table details for the year
- How to submit ITR for old F&O losses
- Can an Software Engineer be termed as a workman an
- PF withdrawal in IT
- Resolution of Potential Double Taxation on NSC Int
- LTCG reporting in ITR2
- Pls advice to sell and we can make invoice to susp
- Most reliable solution to export offline OST to PS
- Sale of Mutual fund by NRI
Related Threads
CAclubindia
