Statutory payments

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CA Sachin Raju Yadav

CA Sachin Raju Yadav (Querist)
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04 February 2016 what points should keep in mind while checking statutory payments ?

Ganeshbabu K

Ganeshbabu K (Expert)
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04 February 2016 Find out what all taxes ,statutory payments that firm is liable to discharge and verify

Whether all statutory payments were discharged duly or any delay,incase of delay whether interest applicable paid or not,

whether amount paid to govt authority was correctly arrived

whether amount paid using correct challan

whether firm not complied any where(ex:tds applicable but not deducted and paid,reversecharge applicable but not paid)

whether returns for all statutory dues was filed duly,and whether those returns filed correctly

obligations related to statutory like,whether tds certificates was downloaded from traces and send to deductees with in timeline specified in rule 31A

Prepare audit docuementation for workdone in this area,for each statutory payment verified

can prepareit in a small table, month,due date of payment,date of payment,delay in days

Ganeshbabu K

Ganeshbabu K (Expert)
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04 February 2016 LATEST IMPORTANT AMMENDMENT ON DUE DATE FOR PAYMENT OF EPF

Read more at: https://www.caclubindia.com/forum/no-grace-days-for-epf-payment-from-feb2016-348240.asp

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CA Sachin Raju Yadav

CA Sachin Raju Yadav (Querist)
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04 February 2016 thank you Sir.

CA Sachin Raju Yadav

CA Sachin Raju Yadav (Querist)
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04 February 2016 thank you Sir