Hi,
TDS will be applicable or not for Accrued Expenses like monthly Rent, Security Charges, Interests etc?
4 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 10 August 2019
yes it will be, if you following accrual basis if accounying. as TDS needs to be made at the time of credit or payment whichever is earlier
Mohanraj J
(1193 Points)
Replied 10 August 2019
But, we are taking assumptions value only due to not available of invoices
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 11 August 2019
why exp like monthly rent, security charges and interest would differ from month to month. I believe these wud remain fix and TDS needs to be made on these. for other exp where TDS is not applicable then need not worry for those
Recent Topics
- Omr wrongly shaded
- RCM applicability if received from registered deal
- Gst- bill to ship to
- TDS and GST ITC on Membership fees to club
- ITC on Canteen Services by Outsiders
- STPI/Non-STPI registration
- 6 DIGIT HSN CODE QUERY
- TDS on Telephone charges and Internet charges
- CGT on Policies purchased in LIC International whe
- RCM Rate on GTA Services
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
