Advance payment made to supplier but tds not deducted, when invoice is received TDS deducted
Please note, Advance payment & Invoice received in same month
the
Payment made 04.01.19
Invoice Recd 10.01.19
TDS deducted on 10.01.19
Any late deduction liability
3 Replies
Neeta Latwal
(artical)
(34 Points)
Replied 14 January 2019
Due date for payment of TDS is 7th of next mont. So in both case the due date will be 7th Feb 2019. So late payment charges will not applicable.
Neeta Latwal
(artical)
(34 Points)
Replied 14 January 2019
Due date for payment of TDS is 7th of next mont. So in both case the due date will be 7th Feb 2019. So late payment charges will not applicable.
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