excess tax paid after adjusting ( Provision for taxation ) whether excess income tax paid should be keep under current assets or non current assets.

whether any consequences will arise if short or excess provision made on 31st march ,AS per AS-5.

A partnership firm, which is a government contractor has sub-let work to one of its partners. The firm has also paid interest on this contract account dues. Is TDS applicable for the sub-let work and Interest payments made to the partner.

If one has missed out entering of some TDS in TDS Schedule in Return of 2021-22, but has duly included the corresponding income in relevant schedule, can he claim the same in Return for 2022-23?

Dear Sir\Madam,

My query is we have received fund on retrenchment like Gratuity, Leave encashment, Notice Pay & retrenchment charges.

So, we would like to know there is TDS applicable on above heads if salary amount is taxable.

Thanks & Regards,
Jitendra More

what is due date for TCS payment,
Due date for TCS returns filing and also issue of TCS certificate.

what will be the consequences for short provision made for Taxation of income tax .
or
also what will be the consequences for excess provision made for Taxation of income tax.

TDS deducted on short and excess provision , will be any consequences for short deduction of TDS.

under which section excess cash deposit to be adjusted against interest and late filing for GST Returns. please reply.

PROVISION FOR AUDIT FEES ON 31ST MARCH RS. 60K, From XYZ Co.
(1)Whether below entry made are correct
On 31st March entry made
Audit fee A/c Dr.Rs. 60,000
To Provision for Audit fees Rs.54,000
To TDS on Professional Rs. 6,000
On receipt of invoice
Provision for Audit fees Rs. 54,000
To XYZ Co. 54,000
(2) if provision made 60,000 on 31st march but bills received 50,000
what entry should be passed after receiving invoice
(3) if provision made 60,000 on 31st march but bills received 70,000
what entry should be passed after receiving invoice.
Please reply.