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Tds
Client is liable for deducting tds from F.Y 16-17 only. due to negligence no tds has been deducted when pyment made to transporter Rs. 55000/- in June 2016. What should be done now?
Replies (2)
Pay tds along with interest
AND
adjust the tds amount in subsequent payment to transporter OR Ask for refund from transporter.
AND
adjust the tds amount in subsequent payment to transporter OR Ask for refund from transporter.
AGREE WITH RAJ
BUT YOU SHOULD DO THIS IF YOU ARE APPLICABLE 44AB AND YOU HAVE TAN NO
IF POSSBILE ANOTHER OPTION IS THAT YOU SHOULD TAKE A DELCLERATION FROM TRANSPORTOR THAT THAY HAVE NO MORE THAN 10 VEHICLE
THANKS
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