Dear All,
By mistake, I forgot to deduct TDS of one Bill (month of September) and quarterly returns has already been filed..so what is the solution for the same?
Thanks in advance
Lavina Salian (Asst. Company Secretary) (101 Points)
13 January 2012Dear All,
By mistake, I forgot to deduct TDS of one Bill (month of September) and quarterly returns has already been filed..so what is the solution for the same?
Thanks in advance
Vineet Goyal
(Assistant Manager - Finance & Accounts)
(702 Points)
Replied 13 January 2012
Deduct TDS now and deposit it with interest. Revise the TDS return for the Sep qtr
karan jit singh
(Consultant)
(1299 Points)
Replied 14 January 2012
YES VINEET IS RITE..I AGREE WITH HIM.....
U/S 201:CONSEQUENCES OF FAILURE TO DEDUCT OR PAY TDS
YOU SHOULD DEPOSIT TDS OF SEPTEMBER WITH THE INTEREST OF 1% /MONTH OR PART OF.
N REVISE THE RETURN OF 2ND QUARTER..