VISHAL GUPTA (MBA-Finance) (145 Points)
30 September 2015Our company had purchase land on 24/12/2014, but at the time of land purchase we didn't deduct TDS from seller, now at the time of Audit our CA told us to deposit on interest amount of TDS. but when we enter details for TDS payment in Form 26QB the error showing that TDS amount are mismatch. Please suggest me how i can pay the interest on late payment against Land purchase.
Jishnu Surendran
(Finance Manager)
(312 Points)
Replied 08 October 2015
Form 26 QB and issue of deduction certificate under Form 16B are only for assessees who doesnt have TAN. Your company maybe holding a Tax Deduction Collection Account Number.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
