Interested to Buy Any Domain ? << Click Here >> for more details...
i forgot to deduct tds in Contractor non corporate in july 15 so what should i do now?
Please Suggest.
- 3 Answers
- 3960 Views
- Mahindra Holidays and Resorts India MHRIL, I also Faced
- E-Mail Answers
Answer Posted / ra
With Example ,
case - 1
Transaction/Payment/Bill made to Vendor in the month of Sept 2015 Rs.80,000/-,at the time of payment
We suppose to deduct TDS 2%(if Other than individual/HUF) Rs.1600 and make the payment to vendor Rs.78,400/-,and do TDS remit in next following month Oct 2015 with 7th Rs.1600,if you failed to pay " 1.5% interest have to pay per month"
case - 2
Transaction/Payment/Bill made to Vendor in the month of Sept 2015 Rs.80,000/-,at the time of payment
We suppose to deduct TDS 2%(if individual/HUF) Rs.1600 ,but not deducted we have paid Rs.80,000 instead of 78,400,and in this case we have to pay from our hand Rs.1600,and will adjust the same from vendor in next bill
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How do you plan to achieve these goals?
kindly advise me any set off in excise duty in maharashtra
About vat, service tax, tds, cenvat
What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
Who is an assessee?
1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems
What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.
on earth moving road work which type of tax is applicable?
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
Define deferred tax liability?
