Tds for previous months
This query is : Resolved
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 ?
thanks in advance
Ganesh Patil
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 ?
thanks in advance
Ganesh Patil
08 December 2012
you need to deduct the TDS amount on 15000 also.because he crossed the limit
08 December 2012
Yes, You Have to Deduct TDS on 80000/- and Remitt to Goverment.
I Mean You Need to Deduct TDS on 15000 Also.
I Mean You Need to Deduct TDS on 15000 Also.
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?
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?
08 December 2012
No Need to revise.
fill in this quarter beacuse tds applicable in this quarter only.
fill in this quarter beacuse tds applicable in this quarter only.
08 December 2012
ok,
I will deduct TDS this month.
& will pay to govt. with interest.
I will deduct TDS this month.
& will pay to govt. with interest.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- Gst input for FY 23-24
- Tax on capital gains revoked us 54f
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
