Tds
This query is : Resolved
24 March 2012
if we(a govt. company) release a payment to a contractor before 31st march and tds deducted against this payment paid to income tax depptt. on 1st april. is there any penalty against depositing this type of tds.what is due date for depositing tds against section 194C.
25 March 2012
The payment date is not material. It is on which date you have passed the entry and TDS will be applicable from that date. So you pass the entry of the Bill only in the month of March and pay it before due date of filing of return no penalty can be imposed.
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
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- Form 26QB for TDS on property
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Amendment of September 2021 Invoice
- BLOCKED-INELIGIBLE GST CREDIT
- Payable outstanding for years disallowance
- GST Annual Returns filing due date
- Deemed to be University shall pay gst on Bus fee collection from students
- Section 194LBB
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
