We are a Private Limited Company. Our CA told us to make Provision for Audit fees for last year and not to make payment of TDS. What does it mean? i.e. For F.Y.2012-13 our Addit Fees are 50000 so TDS on this will be 5000. So ur CA told us that we will pay Rs.5000 on 01.04.2012 and deduct TDS on bill to bill basis. Is this right Method?
2 Replies
ashish gupta
( student)
(1922 Points)
Replied 23 May 2012
I think he is telling for the provision of F.Y. 2011-12.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
