TDS ZEO ENTRIES

TDS 414 views 1 replies

DEAR SIR/MADAM

IN ETDS QUARTERLY RETURNS THRESH HOLD BELOW LIMIT TRANSACTIONS IS COMPULSORY SHOWN OR NOT IF DEDUTEE IS SHOWN IS THIS ANY PROBLEM THAT MEANS TDS ITO ASKED WHY YOU ARE NOT DEDUCT TDS

PLEASE TELL

THANKS IN ADVANCE

Replies (1)

Dear Rajesh

                     ITO  ask  if it is beyond the limit. You are safe to the extent that  the aggregate payment for whole year  not exceeds the limit, as prescribed by Act,  upto the end of that particular FY. If you feel or compute the payment amount will cross the limit at the time of  4th Qtr (on 31 Mar YYYY)  then you are liable to deduct the tds.


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