1)What are penal consequences of revising a TDS RETURN?
2)Company has delayed payment of requisite TDS after due date and interest as per sec.201(1A) is calculated at the end of feb. for the period from april to jan.so we have to paid calculated interest quarterly or total interest payment at the end of year.?
3)As per sec.194i TDS to deducted when credit is given or payment made whichever is earlier.But in most of cases company does not receive bill for rent by that owner so no credit is given. Accordingly,if a co. makes payment for the april and so on in august ,September so on i.e. after 90 days.Then TDS have to be deducted in which month and due date of TDS payment of April moth rent will be on May 7 or Sept.7 (after payment in august).
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