TDS on Provisions
This query is : Open
24 April 2009
We are doing provision for Profesional Fees for the F Y 2008-09 as on 31.03.2009.
Yet we have not received the bill.
Whether we are liable to deduct tds on the same?
Yet we have not received the bill.
Whether we are liable to deduct tds on the same?
24 April 2009
TDS is deductible at the time of crediting Party account or making advance payment whichever is earlier.
So in your case the TDS is deductible.
So in your case the TDS is deductible.
24 April 2009
Please understand , we are making provision only & not crediting to the parties account.
Now applicable or not?
Now applicable or not?
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- 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?
- Query for dubts
Trending Online Classes
CAclubindia
