TDS payment

This query is : Resolved

Sudheer J. Sarvate (Querist)
Follow

11 June 2008 Sir,

We have make provision of expenses on 31-03-08 after deducting TDS.

The due date for making payment of TDS is 31-05-08. But we forgot to pay pay TDS can we now make payment today?

After making the TDS payment late whether the expenses can be claimed in the F.Y. 07-08?

Also tell me whether it is necessary to deduct TDS while making provision of Audit fees as on 31-03?

Please guide.

Jitender

Jitender (Expert)
Follow

11 June 2008 u cam pay the tds upto date of filing of ur return as per amendment i.e upto 30 sep.
the exp will be allowed if tds is paid upto 30/9.
& it is necessary to deduct tds while making provision of audit fees.