Menu
Tds deducted but not paid
There is a person who paid licensing fees of 2 lacs to a pvt. company after deducting tds on 15th November 2014. Now they have applied for a partnership firm which will be formed by 29th December.
now as u know the firm doesn't have a TAN so it can't pay tds before 15th January..
Is there any way to minimize penalty & interest..
Replies (2)
The interest cant be avoided for the months of Nov. and Dec. (toatalling 3% of TDS. If the payment is made by 31st Dec. you can avoid intt. for Jan.
The main concern is filing of return.. Since tan no. Is not there so return can't be filed by 15th January.. Any way to remove the penalty under 234
Recent Topics :
- Investment fund's income from ncd distribution to
- Cialis 20 mg – General Information About Tad
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
- TDS on payment to a non resident
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
Related Topics :
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
