TDS

TDS 491 views 1 replies

Hi 

We are an IT company. We have booked a HUF as creditor in the last year balance sheet (F.Y. 09-10). His Credit balance is rs. 10 lakh  (Actual Bill amount 10 Lakh- TDS 10000/-). Now HUF want to received partial payment in his an other company because he is saying that a HUF can not receive more 1.5 lakh in this  F.Y.  We have deducted and deposited TDS in a/c of HUF Pan No. for Last F.Y. 09-10.

Pls. Advise can we paid to his another company and How we can.

Thanks

 

 

 

Replies (1)

If you have not filied the TDS Return for the finanacial year 09-10 then pay to the another company and give the TDS credit to that company and also change the invoice in that regards.

 

Thanks

Ram.


CCI Pro

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