Tds return of partywise

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 January 2016 while making return of TDS
whether each Transaction is shown IN TDS return or accumulated show of a party If a part have made 10 Transaction in each month of 30 transaction in Three month , then whether 3 Transaction show in Return of Accumulated of Each month or 30 Transaction show in ITR.

11 January 2016 If we talk in a stricter legal sense, each transaction is required to be entered separately.
.
However, in practical, transactions of each party are reported on monthly basis , as the same is not going to disturb the TDS liability.
.
Now its upon you to decide- whether to comply strictly or more practically.
.

Decide



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Unanswered Queries