09 April 2010
Dear All....i have received bill on April 09,2010 for the month of feb& mar 10 but problem is what entry passed in previous year for tds.If i pass provission entry ,How can i pass entry? IF i deposit TDS after due date means should i pay penalty for that....pls help
09 April 2010
You can make the provision entry on 31/03/2010. In that case the due date of TDS will be 31/05/2010. No interest & No penalty if paid on or before 31/05/2010.
CAclubindia
