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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



i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.114..

Answer / kamel

Deposite With the Intrest Panulty 1.5% Per Mounth

Is This Answer Correct ?    3 Yes 0 No

i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.114..

Answer / m.l.v

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

i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.114..

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

i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.114..

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

i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.114..

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

i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.114..

Answer / kamel

Deposite With the Intrest Panulty 1.5% Per Mounth

Is This Answer Correct ?    2 Yes 4 No

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