Tds queries..
SUMIT BADYAL (709 Points)
30 April 2022
hi, if we forget to deduct tds on some bills for the year 2021-2022, can we deposit tds after 30 April 2022.
6 Replies
CA Aakarsh Jain
(CA)
(10431 Points)
Replied 30 April 2022
Yes u can deduct but you have to pay interest on it.
sabyasachi mukherjee
(27574 Points)
Replied 01 May 2022
It's better to deposit now otherwise penalty may recurring.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 01 May 2022
You can deduct and pay along with interest @ 1.5% per month .
You must file Tds correction statement if regular Tds return is already filed
You must file Tds correction statement if regular Tds return is already filed
sabyasachi mukherjee
(27574 Points)
Replied 01 May 2022
Tds correction statement comes later.
booking of bills or payment whichever is earlier.
booking of bills or payment whichever is earlier.
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