I have not deducted TDS while paying interest.....
however the receiver has treated the entire amount as income and paid tax on the same .......
will I be liable under the provisions of TDS as assessee in default
Menu
RELATED TO TDS
Replies (4)
section 201 deals with the same issue
if assessee fails to deduct TDS but receiver has filed the return of income within due date specified in sec 139 and the sum has taken into income in the return and paid tax on such income
then assessee shall not be treated as assessee in default.
CA certificate is required to obtain by assessee for the same.
if assessee fails to deduct TDS but receiver has filed the return of income within due date specified in sec 139 and the sum has taken into income in the return and paid tax on such income
then assessee shall not be treated as assessee in default.
CA certificate is required to obtain by assessee for the same.
but interest need to be paid till the date of filing by receiver as it is deemed that the TDS is paid on date of filing
will it be disallowed in audit report
interest needs to be paid.
and will not be disallowed in audit report.
and will not be disallowed in audit report.
Recent Topics :
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
Related Topics :
CAclubindia
