TDS payment

in financial year 2017-18 in the months of March 18, if we have deducted tds of some vendors and pay the tds of few vendors under section 194 c and accordingly file the 26q tds return but we have shown tds payable in balance sheet for e.g. Rs.2000/- but paid only 1400/- and file income tax return.What will be problem for that

Replies (8)
but we have already filled income tax return without disallowing it.
How they know that we have not paid it
The balance amount disallow in FY 18-19 ITR.
They can't get the details. As per Your dedunction You must pay the tds amount...

As per above said provisions is paid less than provision then the same is disallow at the time of filling ITR...
if have paid less what is the penalty for that.
interest @ 1.5% pm is levied on amount deducted but not deposited
@ ANAMIKA GULATI.,

You are Confused and Also confusing others...

You are booked tds liability Rs. 2000 in FY 17-18...
But,
You are paid Rs. 1400 only. So,

Which one is correct as per Your query...?

If 1st one - Then pay the balance amount with interest as per Mr Nishant...

If 2nd one then the balance amount Rs. 600 will disallow & added to PandL account at the time of Finalize Your 18-19 accounts...
can we disallowing in next financial year ITR 2018-19.

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