Tds late deduction
Querist : Anonymous
PLEASE SUGGEST THE FOLLOWING QUERY:-
a firm xyz, received bills falls u/s 194C on for example 1-4-12, 5-1-12, 7-1-12, 31-1-12.
accountant deduct the TDS @ 2% on 31-1-12 and deposit before 7-2-12.
is there any late deduction applicable on first 3 bills or not.
thanks.
Please give correct dates.
Querist : Anonymous
Querist : Anonymous
Querist : Anonymous
If deposited on or before 7th Feb 2012 no interest need to be paid.
Querist : Anonymous
but deduction entry is passed on 31.1.12
Querist : Anonymous
Click here to login now
Similar Resolved 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
