Non Deduction of TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 January 2010
We own a company. We pay one of our employees a salary that is more than the taxable limit. Unfortunately, we have not withheld any TDS for the employee. Is there a penalty? What needs to be done?
27 January 2010
if this is for current year deduct all TDS in Jan to Mar salary.
if it is for previous year then make sure employee deposit his all tax to govt.
if it is for previous year then make sure employee deposit his all tax to govt.
27 January 2010
Agree Current year TDS you can deduct the Same in Jan-Mar-10
If it the previuos year - Penalty will be the amount which is not deducted by you
If it the previuos year - Penalty will be the amount which is not deducted by you
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
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- 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?
Trending Online Classes
CAclubindia
