09 May 2024
Payment made to Chartered Accountant for professional services provided by him on following dates:- 13/12/2023 Rs. 20,000.00 TDS not deducted as amount was less than threshold as per 194j 09/01/2024 Rs. 20,000.00 TDS deducted rs. 4,000.00(Rs. 2,000 on first payment+2,000 on second payment) on 09/01/2024 and deposited to govt. on 07/02/2024. Now, while filing 26Q, how this 4000 has to be bifurcated for two payments? If Q3 26Q is revised with entry dated 13/12/2023 & challan dated 07/02/2024 then interest will become payable on Rs. 2,000(on first payment) as the TDS should have been deposited before 07/01/2024. Please guide on the above issue
CAclubindia
