CA Krishna Chaitanya M (Chartered Accountant) (463 Points)
11 September 2015T.D.S amount not deducted by assesse out of payments made towards expenses, but paid to government through challan out of own money. What are the consequences?
Karthik.V.Kulkarni
(Chartered Accountant)
(594 Points)
Replied 11 September 2015
There is absolutely no consequence , only if you have paid the tds amount within the right time frame. Otherwise you will have to pay interest of 1%.
pvvittal
(partner)
(77 Points)
Replied 12 September 2015
MADHUSUDHANAN
(Senior Process Lead)
(116 Points)
Replied 12 September 2015
pvvittal
(partner)
(77 Points)
Replied 14 September 2015
CAclubindia
