Interested to Buy Any Domain ? << Click Here >> for more details...
last financial year'2007-08 i have not deposit TDS amount
till today. can i deposit TDS amount now with interest.
please advise me.
- 6 Answers
- 9115 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / p.murali
TDS Deposited today with out interest. after assissing
officer give demand noties then you will pay interest.
Thanking you,
By
P.Murali
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / manish kumar shah
Yes you can deposit the tds amount with interest but the
expenses will be booked only in the year in which the
amount is deposited and not in the F.Y. in which it was
deducted and you will have to pay income tax for the year
in which it was deducted as per prescribed rates as it will
be termed as income for the year for expenses for which it
was deducted
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sandeep
you should deposit the ammount with interest otherwise u
cant file the return. the interest rate is 1%.
| Is This Answer Correct ? | 0 Yes | 0 No |
If Your are paying tds of Rs.2000/- on professional fees in
January 16. which u r supposed to pay on or before November 7.
Then on Jan 16th you have to pay Tds amt Rs.2000/- along
with interest Rs.45 for 69 days.
Interest for 69 days (from 8th November to 16th January ).
Interest is 1% per month. so 12% for 1 year.
2000*12%*69/365. = 45Rs.
So you have to pay Rs.2000 Tds and Rs.45 interest on 16 th Jan.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is period VAT revised return can be filed?
1. How to calculate vat @4% on a bill which also suffers Service Tax @ 10.30%. ie. Whether i hav to calculate on the basic or on the sum of Basic + service Tax. kindly clarify in this regard immdly. because som part of people says it sholud b calculated on the basic, another part of people says it should be calculated on the sum of Basic + Service tax.... 2. when we deduct TDS for the invoice? ie. In the invoice which suffers Vat & also Service tax or the invoice which suffers only Service Tax? Kindly clarify me immdly.
what is bank reconcillation statment,balance sheet,thumb rules of accounts,depreciation?
Can PF rate below 12%, if an employee want the deduction at lower rate ?
mr. x earns a salary of rs. 34000 p.m, but mr. x assures that he is going to produce investment suppoting of rs. 69000 eligible u/s 80C but fails to produce how to throughtout the F.Y ho to calculate tds per month???
I paid TDS through the bank a/c. but i entered wrong TAN no. instead of HYDC04387F I ENTERED HYDCO4378F ,and pl. tell me what can i do and how can i change TAN no.
5 Answers Essar International School,
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
Timings / Months to file TDS return?
What is the present TDS structure in india for the current year.Is there any changes
can we accept Rs.20,000/- and more as advance against order from costumer?
WHAT IS THE PROCEDURE OF C-FORM ISSUES BY DEPARTMENT AND ITS VALADITY PROCEDURE
is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax
Audit 
