Tds payment
This query is : Resolved
10 February 2014
If bill date is 30.1.2013 and date of entry is 08.02.13. we deducted tds on 8.2.13. Is it correct?
10 February 2014
Treatment is not correct.
Bill date is of January, so it is required to deduct TDS in the month of January. Otherwise Interest would be leviable.
Either also you can ask the party to revise the bill date.
Bill date is of January, so it is required to deduct TDS in the month of January. Otherwise Interest would be leviable.
Either also you can ask the party to revise the bill date.
22 February 2014
if the bill received on 08.02.2013 what is the tds implication?
27 February 2014
Date of bill is concerned for the purpose of TDS. Bill date is 31st so January month will be counted to deduct is. U can ask the party to revised the bill date to 1st Feb.
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