EASYOFFICE

Tds deducation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 September 2014 I am not TDs deduct on advance payment 1/4/2014 to 31/8/2014 but bill received in 31/8/2014 so I am TDs deduction on bill base
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
26 September 2014 Liability to deduct TDS arises on the date of payment or credit whichever is earlier. So you need to pay interest on late deduction of TDS @1% per month since TDS was supposed to be deducted on advance payment.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links