Whether needs to be revised

TDS return must be revised for earlier quarter because the expense account would have been debited at that time only (i.e., for earlier quarter). And the liability to deduct tax also arises from that day. Hence, return  must be revised.

Agree with Divya KS

Earlier return needs to be revised.............

Sir,

Please help me by resolving my small queries  regarding Interest on late deposit of TDS . say Date of Payment to party is 15 th  January  2012 Rs. 80000/- u/s 194 J and Tds deposited on

i) say on 9th Feb 2012   and or

ii) say on 20 th Feb 2012

Interest to be deposited for how many months) on late deposit of TAX.  

Regards

Anil Jain

9312640067

akj9312640067 @ gmail.com

for 1 month in first case

and for 2 months in second case