i am working as an accountant. i forgot to deduct the TDS of
one employee in year 2010-11 of Rs.1141/-. Now what is the
procedure or solution for it?
Answers were Sorted based on User's Feedback
Answer / kamel
Deposite With the Intrest Panulty 1.5% Per Mounth
Is This Answer Correct ? | 3 Yes | 0 No |
Miss Rita,
Pls do calculate interest 1.5% per month . If You have
forgotten for only one month tds then you have to deposit
in single payment with 1141 tds + 1.5% per month
interest . But if you have forgotten all Tds for 12 month
then you have to deposit in 12 challan or epayment with
interest 1.5 % .
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / harindra sahani
you must deposite Tds amount + int @ 1.5% PM, and if you
filling Tds return then you revise it.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / dineshkumar
if you forget to pay the tds amount. You have to pay
additional 1.5% how many month your not pay tds you can
added the persentage amount and pay the full amount.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kalpana janardhan dudhate
You Have more Option
If This employee not shown investment doc or medicals bills
or rent receipt more so tell them to get it if he shown all
document after that also tax is coming
so issue form no 16 & dont put payment details over their
and show payable tax on for 16
otherwise
pay tax to the government & with interest
interest rate is 12% Per Annam & 1% Per Month
Thanks,
Regards,
Kalpana
8828142221
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kamel
Deposite With the Intrest Panulty 1.5% Per Mounth
Is This Answer Correct ? | 2 Yes | 4 No |
What is the procedure to take modvat and its form number
i received commission with deduction of tds how to take entry in my books. commission Rs.90000 Tds.10000
What diffrance between TDS & TCS.
What's format of CMO & CMA Data?
dear Sir, we have purchased Small & Big size blade for manufacturing extrusion machine rubber cutting . This input vat claim it or not ? Pls informe me Regards
V R MAKING COMMERCIAL CUM EXCISE INVOICE,THEN HOW INVOICE NUMBER CAN BE GIVEN COMBINDLY OF TAX INVOICE/RETAIL INVOICE AND EXCISE INVOICE.
How to file tds/tcs tax challan and what is the last date for This
in excsie what is the function of PLA register?
if vat include in purchase how to create entry in tally 9.0 for example: A item price rs. 100 include vat 13%, In tally any function we put item price 100 then vat 13% automatic reduce from price ( item price rs 87 & VAT rs 13)
What is TDS?
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?