11 November 2013
We paid a commission of Rs.3000 as on 05/10/2013 and didn't deduct the T.D.S as it is less than Rs.5000 limit u/s 194H. Then we paid another amount of RS.5000 as on 10/11/2013 to same party. Now we have to deduct T.D.S on Rs.8000. I want to ask that whether I need to pay interest on T.D.S of Rs. 300 today??
13 November 2013
Show the amount of 3000/- in the E-tds return while filling up the details for the month of October as amount paid or credited and indicate the reason for non deduction as -Below threshold limit. .
CAclubindia
