Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 October 2013 Can anybody tell whether section 288B regarding rounding off will apply on tds deduction or tds payment to government

Arun Biyani (Expert)
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08 October 2013 yes its applicable on TDS also, round off in nearest rupee..

CA Pallav Singhania (Expert)
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08 October 2013 TDS gets rounded up at all the cases.
i.e 1.67 become 2.00 & 1.25 also become 2.00.

CS,CA F,Numrologi TusharSampat (Expert)
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08 October 2013 Agreed with Aryan.

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