08 December 2012
Dear Sir, one of our vender raised a labour charges Invoice of Rs. 15,000.00 in May 2012, that time i did't deduct TDS ( due to TDS Limits ) now in Nov. he raised a Invoice of Rs. 65,000.00 & I deducted his TDS on Rs. 65,000.00. But what about his previous bill of Rs. 15,000.00 can I deduct his TDS now ? or is there any other processure ?
08 December 2012
Thanks for advice , sir. but on which month should I deduct the TDS ? Actually I booked this bill ( Rs. 15,000)in May 2012 & I filled return for this period. now I have to revise the return or can I deduct TDS on current month?
CAclubindia
