Hi,
Our Accountant forgot to deduct TDS on Contract payments/professional fees paid and we already paid the vendors. Now can we pay the appropriate TDS and send a debit note to the suppliers/vendors ? Thanks !
Vinodh Lakshmanan (MBA) (64 Points)
26 April 2013Hi,
Our Accountant forgot to deduct TDS on Contract payments/professional fees paid and we already paid the vendors. Now can we pay the appropriate TDS and send a debit note to the suppliers/vendors ? Thanks !
PMA Nooruddin
(M.Com, Finance Manager)
(422 Points)
Replied 26 April 2013
Deduct in Next Bill.
and for earlier TDS amounts deposit it with penalty