Tds query

You can deduct and remitted tds and it will impact late payment charges @ 18% and the same will impact you land lord to file revised it-return for the a.y 13-14.

If you have not deduct the tds then such expenditure will not be deductible u/s40(a) for the purpose of your tax audit of relevant financial year however in subsequent year if you deduct the TDS with interest panalty of 18% PA then such expenditure is allowed for deduction. therefore you have to deduct the TDS in current year as well as for previous year and also revised your TDS returns accordingly.

The Store was not subject to tax audit for fy 2012-13, so can i deduct tds today and calculate interest @ 18%p.a and remitt to department.

Is there any other interst penalty for the same?

I have query for TDs. I received rental invoice for the month of Oct'13.Date of invoice is 26.10.2013 but the due date 25.11.2013 only for payment to landlord. In this case I have to pay tds after payment to landlord or I have to pay the same when I received the invoice. Please clarify me