27 December 2008
WE ARE A PROP. FIRM AND WE HAVE ALSO AUDITED OUR ACCOUNTS IN THE PRECEDING YEAR (2007-2008) SO, THAT'S WHY IN THIS YERA WE ARE LIABLE TO DEDUCT TDS ON EVERY PAYMENT BUT WE DID NOT DO THAT, NOW IN THE END OF DECEMBER 2008, WE ARE APPLYING FOR THE TDS NO. AND WILL START TO DEDUCT TDS. NOW WE HAVE TO DEPOSIT OUR ALL FINANCIAL YEAR'S TDS WHICH WE DID NOT DEDUCT OR ONLY THE FUTURE TDS OF JAN. FEB AND MARCH.
27 December 2008
You have to pay TDS on all payments which are liable for TDS otherwise the expenditure on that account will be disallowed. Moreover you have to pay interest on TDS and penalty of Rs.100/- per day for the delay may be levied.
27 December 2008
TAKE TAN NUMBER, & PAY TDS FOR ALL QUALIFYING AMOUNT STARTING APRIL 2008 ONWARDS WITH INTEREST UPTO DATE. FILE YOUR QUARTERLY TDS STATEMENT/RETURNS & WAIT FOR ANY NOTICE IF IT COMES, WHICH MAY POSSIBLY ALSO NOT COME.
YOU REQUIRE ANY FURTHER HELP CALL ME CHANDRAKANT AMBANI BOMBAY 9819408963 9821240674
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