Easy Office
Easy Office

Due date TDS liability for recurring Professional service

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 February 2022 An Invoice for recurring professional service rendered for January 2022 was raised on 10th February 2022 as mutually agreed between client & professional, the amount post deduction of TDS@10% was received on 15th February 2022.
The professional(P1) now has to pay fees to other professionals(P2) associated with him for providing services to above client and is liable to TDS@10% which is duly made.

What is due date for TDS remittance by P1 in above case,7 February 2022 or 7th March 2022?
Profile Image

Dhirajlal Rambhia online

Profile Image

Dhirajlal Rambhia online (Expert)
26 February 2022 Depends upon the date on which P2 raises bill. If bill raised in month of Feb. 2022, TDS payment would be by 7th March.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links