Tds late deduction
This query is : Resolved
31 January 2014
There is some confusion related with the deduction of TDS. Suppose I have deducted tds and paid the same 0n 07-09-2013.can i claim the same in december 2013.
31 January 2014
Date of deduction is important. If it was deducted in quarter ending Sept.2013, it has to be mentioned in the return filed upto 30.09.2013. In next quarter it is not possible.
Message likes :
1 times
31 January 2014
if i show the deduction in the next quarter is there any problem with late deduction
31 January 2014
You will be liable to pay interest.
Rate of interest w.e.f 01-07-2010 :
◾From the date when TDS was deductible till date of actual deduction, rate of interest is 1% p.m.
◾For delayed deposit, from date of deduction till actual date of payment, rate of interest is 1.5% p.m
Rate of interest w.e.f 01-07-2010 :
◾From the date when TDS was deductible till date of actual deduction, rate of interest is 1% p.m.
◾For delayed deposit, from date of deduction till actual date of payment, rate of interest is 1.5% p.m
31 January 2014
Hi
Now from this quarter you can adjust earlier quarter TDS deduction also.
Tx
Now from this quarter you can adjust earlier quarter TDS deduction also.
Tx
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?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- 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
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- 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
- 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?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
