TDS clarification
This query is : Resolved
16 June 2008
Hi,
a) I have deducted TDS in the month of May'07 and not remitted with 7th of June'07. Whether the expenditure will be disallowed?
b) I have an agreement with another party to share the expenses of advertisement. During the year 2007-08, the other party has paid Rs. 1,00,000 towards advertisement, he made TDS. Later, he transferred Rs. 30,000/- through debit note to me. Whether I have to make TDS on him, to get expenditure allowed?
Please reply, its urgent
a) I have deducted TDS in the month of May'07 and not remitted with 7th of June'07. Whether the expenditure will be disallowed?
b) I have an agreement with another party to share the expenses of advertisement. During the year 2007-08, the other party has paid Rs. 1,00,000 towards advertisement, he made TDS. Later, he transferred Rs. 30,000/- through debit note to me. Whether I have to make TDS on him, to get expenditure allowed?
Please reply, its urgent
15 August 2008
a ) will be allowed if deposited before filing of roi.
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
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- DELIVERY BY CREDITOR
- Cgst and Sgst liability set off
- Doubt in Form AOC 4
- 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
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
