Missed december deadline for advance tax

Originally posted by : Raj C Doshi
Which means you collect 1236 from client and pay the same to govt. You get your 10000 in full. Also for book - keeping and other compliances is best to hire freelancing accountant having knowledge of all things like tds, voucher making, etc.

I have got many confirmations that since the money I get from Israel based companies which have no office in India, I need not pay service tax (as I don't collect any service tax from them).

Any info on how to find such freelancers for book keeping?

TDS deducted from the freelancers payments can be claimed by filing income tax return. You deposit the amount deducted to the government on their behalf. After adjusting tax payable, if there is excess tds, it is refunded back to freelancer.
Originally posted by : Raj C Doshi
TDS deducted from the freelancers payments can be claimed by filing income tax return. You deposit the amount deducted to the government on their behalf. After adjusting tax payable, if there is excess tds, it is refunded back to freelancer.

Earlier posts say that TDS need not be deducted in first year of operation. From second year onwards i need to deduct

 

Dhaval earlier said this:

No requirement of deduction of Tds if you we're not liable to audit in the preceding year. And in the next year it is advised to apply for TAN and start deducting Tds from the start.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details