45 days payment rules
shaikh Dilnawaz (Student) (52 Points)
14 February 2024
Is 45 days payment terms applicable trust institute. Trust HOSPITAL
6 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 14 February 2024
Your query is not Clear, please elaborate in detail.
shaikh Dilnawaz
(Student)
(52 Points)
Replied 14 February 2024
Sir WE HAVE TRUST HOSPITAL AND MANY CREDITOR PARTY SEND ME INCOME TAX NOTIFICATION 45 DAYS PAYMENT BUT WE HAVE OPERATE AYUSHMAN CARD (GOVT SCHEAME) PATIENT . GOVT NOT GIVEN MONEY THEREFORE WE HAVE NOT PAY PAYMENT ANY CREDITOR
IN THIS SITUATION 45 DAYS PAYMENT NOTIFICATION IS AMPLIMENT?
IN THIS SITUATION 45 DAYS PAYMENT NOTIFICATION IS AMPLIMENT?
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 15 February 2024
Is there any agreement between your Trust & Creditors, for payment within 45 days ?.
shaikh Dilnawaz
(Student)
(52 Points)
Replied 15 February 2024
No sir only creditor party write on bill
interstate @ 18% P.A will be charged if payment is not made within 30 days
interstate @ 18% P.A will be charged if payment is not made within 30 days
Ashwin Kumar
(CA ipcc)
(449 Points)
Replied 22 February 2024
It's only applicable to persons who are filing income tax return under section 44AB so you don't need to worry about it
Recent Topics
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
Related Threads
CAclubindia
