TDS QUERY

Efiling 167 views 1 replies
A person has taken an unsecured loan and the interest for the same will be booked as Interest Payable in the books. My query is whether TDS shall be paid in the following month or after payment of interest.
Replies (1)
If the expense booked in Your books of accounts then TDS will be deductible and pay in the following month...
Tds payable based on booking of the expense or payment whichever is earlier


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register