tds
This query is : Resolved
08 April 2009
for the financial year 2007-08 a company made provision for audit fees but did not made provision for tds on audit fees . Now comany has to made payment to auditors whether it should deduct the tds now. what problems may arise. please guide properly.
thanks
thanks
08 April 2009
better is to deduct TDS now and deposit it. Atleast in case, if you are asked, you can say that TDS was not deducted due to mistake. and revise your fourth quarter tds return of 2007-08. I have never came across such situation, so can't say whether it shall be possible to file TDS return so late by etds mathods.
08 April 2009
You should deduct tax now and pay it to the government treasury.
If the case is selected for scrutiny, the audit fees will be disallowed in the year in which it was booked and it will be allowed in the year of payment of TDS.
If the case is selected for scrutiny, the audit fees will be disallowed in the year in which it was booked and it will be allowed in the year of payment of TDS.
10 April 2009
u should deduct and pay tds to govt...
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Disallowance of Section 43B(h) to sez units
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- 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?
- Query for dubts
Trending Online Classes
CAclubindia
