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Tds

TDS / TCS 220 views 4 replies

Friends,

TDS to be deducted on Payment made or invoice booked whichever is earlier. Whether we have to check entrywise or in agregate ?

Replies (4)

Ledge scrutny required as paer sututaion cheque ebery angle. exps tds appliacble or not section wise. its exclude service tax, advamce paymant. etc.

TDS deductible on Advance payment but I want to know if bills booked after 6 months and tds deducted and paid thereon, then is there liability to pay interest on late payment of tds as per payment basis ?

if TDS not deducted in advance payment then Interest applicable on late payment

I think TDS will be deposited with interest, because If you have no bill you can make a provision for that period.


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