tds,gst both

237 views 2 replies
agar koi company TDs nhi deduct karegi to kya effect hoga ye mandatory h or jo TDs katkar payment received krta h usko wapis mil sakta h ya uske tax liabilities m adust ho jata h
Replies (2)
i)tds karne k jagah nahi kare.. eg karna bhulgaye or aap ko pata nahi tha then ..challan deposit date se tds payment date take tds value par 1 interest charge ho ga.. ii)tds kare lekin department ko nahi pay kare.. then 1.5 interest iii)eg: socho ki apko kisi ne tds kiya 3000 rupees ka. us tds deductor aap ke PAN no k against deposit karega . aap us amount personal income tax return file karate waqt tax liability say reduce karsakte hai..if aapko bahot saare log tds kiye... uska list aapko incometaxefiling site me 26AS me pata chalega..
It is compulsory to deduct TDS if you are liable....

And TDS will be refunded if you don't have any tax liability. If there is tax liability then TDS set off from such tax.


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