Non tds deduction of housing society
This query is : Resolved
30 October 2012
I aM member of co-operative housing society
(Regd.)A contract is given for construction
for Rs.65,00,000/- from which 45,00,000/- is
paid to the contractor. I requested many of
times to Secretery for deduction of TDS.
But he did not deducted TDS. Please let me
know, if any penalty/interest levied, who will be responsible to pay, SECRETARY OR SOCIETY MEMBERS?
(Regd.)A contract is given for construction
for Rs.65,00,000/- from which 45,00,000/- is
paid to the contractor. I requested many of
times to Secretery for deduction of TDS.
But he did not deducted TDS. Please let me
know, if any penalty/interest levied, who will be responsible to pay, SECRETARY OR SOCIETY MEMBERS?
30 October 2012
plesae provide details
1. what is date of payment of Rs.45 lacs ??
2. is any bills are booked for the above payments ??
1. what is date of payment of Rs.45 lacs ??
2. is any bills are booked for the above payments ??
30 October 2012
Rs.45,00,000/- is not given at a time. About 9-10 cheques are given from September 2011 to october 2012. Approximately 1/4th construction work is pending or in progress. About 9 billss were given by
the contractor.
the contractor.
31 October 2012
you need to make Provision for TDS on the bills and pay the amount of TDS and deduct the amount from the balance of Contractor
what is the Terms of Contract ?? i.e are the materials being used by the contractor himself or being supplied by you to the contractor.
what is the Terms of Contract ?? i.e are the materials being used by the contractor himself or being supplied by you to the contractor.
Message likes :
1 times
01 November 2012
please provide the terms
and also be careful for the date of deduction while filing the return of tds since it can attract penalty U/s276B
and also be careful for the date of deduction while filing the return of tds since it can attract penalty U/s276B
Message likes :
1 times
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
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Filing of Form 10BB instead of Filing Form 10B
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Applicability of Ind As to associate of associate
- Confusion around Form 26QB fields
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- 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
