24Q Q4 Tds demand

Page no : 2

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 16 June 2022

Send me at rash.0903 @ gmail.com

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Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 16 June 2022

How much you charge for Tds Correction statement?

4 Like

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 16 June 2022

Message personally

Asif Zaman (To Own A CA Firm With Audits of My Expertise & Excel In Life) (109 Points)
Replied 17 June 2022

May I know under which circular or notification on which the CBDT or any relevant authorities have issues such cirular regarding taking suo motto or unilaterally Internal Financial Year For TDS For Government Companies i.e., March To Feb???

Also if we talk about the general accounting assumptions which was duly followed while framing any laws or regulations then the Financial Statements on account of above wouldn't be comparable.

Also as per the law of section 194 regarding TDS, The Word, "AMOUNT PAID/CREDITED OR DUE WHICHVEVER IS EARLIER" is there.

Then could your please tell me any circular with valid statements at the outset of above statements Mr. Eswar Reddy S - As I am also an Internal Auditor for Government Company and I am facing this issue which as far as the concepts are concerned - Wrong I guess???

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 17 June 2022

It's not govt company but local authority.

Accounts have to be placed before parliament by March .

So they consider the year as March to February.

4 Like

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Asif Zaman (To Own A CA Firm With Audits of My Expertise & Excel In Life) (109 Points)
Replied 17 June 2022

Then your must be cautious with your words while posting information or views as I can see that you holds a valuable and a credible personality on this platform.

Anyways I am still unresolved as I didn't received a credible notification or circular duly authorized by the Govt. Of India or any Govt. Authorized Authorities or Regulators or even an Act of Parliament.

Request you to please share that as you might know that in our field of practice ONLY WRITTEN INFORMATIONS WHICH ARE DULY AUTHORIZED ARE BEING HEARD OR SUPPORTED.

WAITING FOR YOUR RESPONSE!!!

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 17 June 2022

We are govt organization but not govt company. Hope you understood now

4 Like

Asif Zaman (To Own A CA Firm With Audits of My Expertise & Excel In Life) (109 Points)
Replied 17 June 2022

YUP I UNDERSTOOD.

But all I am asking is a reference of any notification empowering the same.

please share

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 17 June 2022

Generally Accounting Year is : April to March

Tax Calculations: April to March

But while preparing form 16 they consider salary from March to Feb .

This is causing doubts .. You may check form 16 and it's calculations

4 Like