Tds on provisions

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 May 2013 Dear Experts,

During the FY 12-13 year closure we have created provision for expenses for Rs 10 Lacs and TDS of Rs 1 Lacs has been deducted by passing the entry
Dr Expenses 10 Lcs
Cr Provision for exp 9 Lacs
Cr TDS us 194 J 1 Lacs.

In the month of Apr'13 also we have not received the invoice copy's.

Now how to make the TDS payment of rs 1 lacs.Can i pay TDS against provisions directly?
Should i wait till i get the bill? what about the Interest and penalties i.e 1.5 % PM etc..
Is there any way out to avoid the interest costs?

Best regards

Querist : Anonymous

Querist : Anonymous (Querist)

06 June 2013 Any Reply please..