Tds
This query is : Resolved
08 August 2014
If we receive any service on which tds is applicable, say on 10th June and we receive the bill on 25th July. so when the tds amount is to be credited in our books , that is, on 10th june or 25th july
08 August 2014
Book transaction on date of receipt of invoice
.
.
say 25th july
.
.
Hence you have to deposit with in 7th of august
.
.
this is okay
.
.
say 25th july
.
.
Hence you have to deposit with in 7th of august
.
.
this is okay
08 August 2014
as per law tds to be deducted whichever is earlier amount credited or paid in a./c.
if you not paid but credited on 25.7.2014 then last date will 7.8.2014
if you not paid but credited on 25.7.2014 then last date will 7.8.2014
09 August 2014
TDS liability arise as soon as you book liability of expenses or advance to party, which ever is first.
TDS liability to be booked and deposit even if bill not received but you booked in Outstanding Liability.
TDS liability to be booked and deposit even if bill not received but you booked in Outstanding Liability.
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- 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
- TDS on purchase of value vouchers for employees ?
- 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?
Trending Online Classes
CAclubindia
