Tds credit
This query is : Resolved
11 December 2015
My qwery is that if we have deducted the tds while making payment to the party and deposited the sum in the govt treasury but the tds return has not been filed with the department, will the party get the credit of tds paid by us in their return or it will be disallowed
11 December 2015
Without file the tds return and form 16a generated from traces deductee can't claim the tds benefit
11 December 2015
If you do not file the return the department dont get to know against which PAN TDS has been deducted. Based on the PAN mentioned in your TDS return the TDS is credited against respective PAN of the party. SO unless you file TDS return the deductee will not get credit of TDS deducted from him.
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
