Tds on interest



IF WE PAID TDS ON INTEREST ON 31/03/19 FOR M/O MARCH 19 & ALSO APRIL 19 THEN :-

WHAT IS TRANSACTION FOR PAYABLE AMOUNT:---

PROVISION AMOUNT:---

PAID AMOUNT:---

 
Reply   
 
"Do the Right Thing...!!!"

Are you paid TDS (TIN) in 31st March...?
Are you paid interest on 31st March...?
 
Reply   
 

YES FOR M/O MARCH 19 AND IN ADVANCE FOR M/O APRIL 19

 
Reply   
 
"Do the Right Thing...!!!"

Can't understand... Can you elaborate with some more details of your transactions...?!
 
Reply   
 

TDS OF MARCH ON RS 1 LAKS @ 10%--- 10000 THAT PAID ON 31/03/19.

TDS OF APRIL ON RS. 1 LAKS @ 10%-- 10000 THAT ALSO PAID IN ADVANCE ON 31/03/19.

ABOVE TDS IS ON DUE AMOUNT.

 

 
Reply   
 
Consultant & Teacher(Whatsapp 8718057907)

Interest Dr.
To Loan Ac
To TDS Payable

TDS Payable Ac. Dr
TDS Deposit in advance Ac. Dr.
To Bank.
 
Reply   
 

TDS need to be paid before the 7th of next month. i.e for the month of April the TDS should be deposited by 7th of May. In case of delay, an interest rate of 1.25% per month for o/s TDS amount need to be paid.

if you want to know more contact us on

contact- 8828093365

Email id- Cs @ aktassociates.com

 

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU