TDS ON TENT
This query is : Resolved
20 September 2010
CAN WE BOOK RENT EXPENDITURE TWO TIMES IN A YEAR I.E. IN SEPTEMBER AND IN MARCH FOR PREVIOUS 6 MONTHS AND DEDUCT TDS ACCORDINGKY ON TWO EXPENDITURE BOOKING????
OR
WILL IT BE CONSIDERED AS LATE DEDUCTION OF TDS TAKING A VIEW THT WE HAVE DEDUCTED TDS OF APRIL 09 RENT IN SEPTEMBER 09???
OR
WILL IT BE CONSIDERED AS LATE DEDUCTION OF TDS TAKING A VIEW THT WE HAVE DEDUCTED TDS OF APRIL 09 RENT IN SEPTEMBER 09???
20 September 2010
in my opinion
it is all based on agreement and when you pay the rent.
if u paid the rent of april before Sep then TDS needs to pay before only.
once check the clause in agreement
it is all based on agreement and when you pay the rent.
if u paid the rent of april before Sep then TDS needs to pay before only.
once check the clause in agreement
20 September 2010
it is considered a late deduction of tds, for booking entry 6 months once is your accounting process.but the actual credit need to be given on the month end as mercantile system of accounts.
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?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- 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
