Menu
tds on audit fee
if tax audit fee is 50000 rs and assessee not deduct tds in previous year. can he show rs 50000 in his profit and loss accouNt?
Replies (7)
he can show.But expenditure is disallowed.We need to add it back
DEAR SIR
IF YOUR FIRM IS LIABLE SECTION 44AB (AUDIT) AND YOU HAVE FILE AUDITED ITR ,
THAN YOU SHOULD DEDUCTE TDS OTHERWISE NOT REQUIRE.
GOOD LUCK
but the problem was that on 31st march we were do not know about the auditor name and his fee.
so how could be deduct tds on unknown amount and deposit the same with govt.
so how could be deduct tds on unknown amount and deposit the same with govt.
SAGAR SIR
PLZ TELL ME DATE OF PAYMENT AND POSITNG DATE OF AUDITOR INVOICE IN YOUR ACCOUNT BOOK
SAGAR SIR
PLZ TELL ME DATE OF PAYMENT AND POSITNG DATE OF AUDITOR INVOICE IN YOUR ACCOUNT BOOK
date of provision is 31st march 2016
and payments is expected to made in the month of October 2016
and payments is expected to made in the month of October 2016
I think you should go for the date in which invoce is raise
Recent Topic
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
Related Topics
CAclubindia
