Tds on salary payment
This query is : Resolved
05 November 2018
WE HAVE PAID SEPT.18 SALARY ON 25 OCT.18.BUT SALARY TDS IS CREDITED
IN TO BOOKS OF ACCOUNT ON 30 SEPT.18. BUT ACTUALLY SALARY DISBURSEMENT ON 25 OCT.18. TDS ON SALARY PAID ON 26.10.18.
MY QUESTION - IS IT INTEREST PAYABLE ON TDS ON SALARY FOR TWO MONTH
REGARDS
RAJKUMAR GUTTI
IN TO BOOKS OF ACCOUNT ON 30 SEPT.18. BUT ACTUALLY SALARY DISBURSEMENT ON 25 OCT.18. TDS ON SALARY PAID ON 26.10.18.
MY QUESTION - IS IT INTEREST PAYABLE ON TDS ON SALARY FOR TWO MONTH
REGARDS
RAJKUMAR GUTTI
05 November 2018
Tds deduction liability arise when salary is actual paid so there will not be any interest Liability
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
05 November 2018
Tds deduction liability arise when salary is actual paid so there will not be any interest Liability
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
Int. Liability can arise only in one case if you liable to pay advance tax and if advance tax is paid less than 36% on 15th Sept.
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?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Disallowance of Section 43B(h) to sez units
- GST Regis.
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- REGARDING ACCOUNTING CODE FOR SERVICE TAX PAYMENT
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- 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?
Trending Online Classes
CAclubindia
