Menu
Tax treatment
What will be the tax treatment if high court pass order for payment of termination benefit and dn company filed cross appeal and asked for stay. HC asked to deposit said amount. Nw what will be liabilities of company
Replies (2)
Whether co deposit net amount with HC I.e. after deduction of tds
I think deposit is in a form of guarantee. Therefore TDS not to be deducted. Company can create a deposit with HC under liabilities head.
Recent Threads
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
Related Threads
CAclubindia
