Menu
Tds payment
hi, question is we considered tds deposit date next of month,when bill is generated or we make payment to service provider
Replies (4)
The concept of TDS is based on a simple principle i.e. tax is to be deducted at the time of payment or getting due of actual payment whichever is earlier.
The act says that.
When bill is generated OR we make payment to service provider OR when amount is credited to deductee account in book of account or even credit it to suspense account in books,
Whichever is earlier ......
Whichever is earlier ......
@ sumit
at the time of payment or credit into a seperate account may be termed as accrual..
WHICHEVER IS EARLIER...
at the time of payment or credit into a seperate account may be termed as accrual..
WHICHEVER IS EARLIER...
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
