TDS-Liability of Tax Deductor
This query is : Resolved
Govinda S Meghani
(Querist)
21 October 2010
Hi Experts!
Mr. X deducted Tax on rent for payment of rent to Mr. A and also make payment to the credit of government. He also issue Form 16A to Mr. A.
But he has not file quaterly return in Form 26Q so Mr.A not found Tax credit in 26AS.
Is there any liability of Tax Mr.X for non filing of return?
What should do Mr.A if Mr. X refuses to file Return?
Mr. X deducted Tax on rent for payment of rent to Mr. A and also make payment to the credit of government. He also issue Form 16A to Mr. A.
But he has not file quaterly return in Form 26Q so Mr.A not found Tax credit in 26AS.
Is there any liability of Tax Mr.X for non filing of return?
What should do Mr.A if Mr. X refuses to file Return?
21 October 2010
Mr X is liable to file TDS return otherwise he will have to bear penal consequences. There is a penalty of Rs 100 per day for delay in filing return subject to maximum TDS amount involved. You have the proof of deduction in the form of Form 16A. You are just required to submit the same to your AO and he will take necessary steps by sending a letter to Mr X. You dont have to worry. As he has deposited the tax amount.
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- IMS (import of goods) ITC related
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Royalty payments to the Mining Department for procurement of murum - GST input
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
