if the assessee does not mention the break up of tax amount, surcharge, education cess and sec education cess in the TDS challan does it attract any violation of Income tax act or any other Act.s der any penalty for the same...pl reply...urgent...
Menu
Seggregation of amounts in TDS challans
Replies (2)
Dear Barani,
Technically amount collected as Surchrge, Education cess and higher secondary education cess goes to respective account.
In case asesee fails to give break-up Bank are advice to make the break-up of respective items to respective accounts.
Also there are softwares (Finacle) in which such calculation are made automatically.
Regards
is there any notification for that...or any kind of circular
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
