One of my firm's client deducts TDS on GTA payments. What should I suggest them? Is there any penalty?
Menu
Tds on gta deducted
Replies (2)
If ur client (gta) has provided his / her pan no. Then no need to deduct tds. Assuming the invoices raised by gta is having pan no. There is no need to deduct tfs. In case the pan no is not provided higher j
Highr rate of 20% is there. If tds has beem deducted no.need to worry as there is no such penalty for deducting tds.
Recent Threads
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
Related Threads
CAclubindia
