AccountsIndia
Account Executive
+9 Others

Thread Started by #sarita palo

Hi Members,
We have not deducted TDS on Rent for the month of October. Now we need to pay. Can we pay now? Is there any interest on the TDS amount? If yes, how much?
Please let me know. Waiting for your reply.
Regards,
Sarita
29th March 2012 From India , Hyderabad
Hi Dear all, Greeting’s from Ramesh Can you let me know, what is the presentage % of TDS interest and how calculate it. please give the example also. With Kind Regard’s Ramesh
30th March 2012 From India , Gurgaon
Dear Ramesh,
As per my knowledge interest@1.5% per month should be levied on TDS amount till the payment of TDS.
But i don't know whether it is correct or not?
Anybody please help me out.
Thanks,
Sarita
30th March 2012 From India , Hyderabad
Dear Sarita,
First your not write the how much rent monthly your have pay, if your rent annually exceed Rs.1,80,000/- it's mean monthly Rs. 15000/- then you must deducted 10% of TDS every month, I think you can pay TDS with Interest how much month you left, calculated the interest amount and pay it.
Please anybody give the right comments about above solution, it's correct or incorrect, because i'm not expertise it's field.
Thank's & kind regard's
Ramesh
30th March 2012 From India , Gurgaon
Dear Sarita,
You can pay tds on rent with interest rate @ 1.5% from oct-Apr.12, but you h've not show how much the rent p.m.if rent is below of Rs.1,80,000/- p.y. or rs.15,000/-p.m.you have not pay any tds.and exceed this limit you will pay @ 10% tds.
Thanks,
Virendra Sharma
2nd April 2012 From India , Gurgaon
Hi Dear all,
Greeting's from Ramesh
now, I've come again with the problems, Can you all one let me know, 1) what is the limit of Consultant payment for not deducted TDS, I think it's Rs.30,000/- annual, i'm not sure. 2) What's the last date for submission of the 4th Qtr. TDS return.
Please let me know. Waiting for your reply.
With Kind Regard's
Ramesh
5th April 2012 From India , Gurgaon
Dear Ramesh, The Exempt limit of contractor Rs.30,000/- Per bill and Rs.75,000/- Annual. this limit up to not paid any tds.for the f.y 2011-12. Thanks & Regards, Virendra Sharma
9th April 2012 From India , Gurgaon
Hello to all
i have a small doubt during fill the TDS Q4 annexure -ii form
plse advice me how to fill the annexure -II form,
there are two deduction, 1) deduction 16(ii), 2)deduction 16(iii)
whats the two deductions, I think one for HRA, what a 2nd one (Conveyance + Medical Allowance+PT), its correct?
plse solve my problem sir
thanks in advance
manu
27th April 2012 From India , Hyderabad
Dear Mr Manu, As per my knowledge tds deduction: 16 (ii) for Entertainment Allowence ( Only for Government Employees) 16 (iii) for Professional Tax Regards, Virendra Sharma
29th April 2012 From India , Gurgaon
-----------------------------------------------------------------------------------------
Dear Sarita Palo
as per my knowledge u have to pay the interest per month 1.5%, from october to April......
and also u have to revise the Q3.
Regards
Manu
30th April 2012 From India , Hyderabad
--------------------------------------------------------------------
Dear Virendra Sharma,
Thanks for ur Advice its so use full to me.
Thanks & Regards
Manu
30th April 2012 From India , Hyderabad
Dear Members, Please give me your important advise in connection with how to prepare tds return
20th May 2012 From India , Thana
1. To Ramesh,
for Consultant is 30000/- PA but it to be filed under Professional Fee (194J) & not as a contractor.(194C) cos, 94J attract 10% & contractor is 2%. (irrespective of status whether Individual/HUF/Co/etc)
2. Q4 return for FY 11-12 last date of submission return is 15th May 2012 (which is already over)
regards
anantha
22nd May 2012 From Germany , Kelsterbach
To Gosavi,
TDS Return should contain:
A) BILL Details
1. Date of deduction
2. Supplier name + PAN No
3. Under which Section TDS deducted
4. Bill Value
5. TDS deducted
B) TDS Deposit details
1. TDS amount
2. Challan amount
3. Challan number
4. Challan date
A=B
22nd May 2012 From Germany , Kelsterbach
Dear Members, Can you tell me, what is the process of tds return after made payment in bank. With regards, Gajanan Gosavi
11th June 2012 From India , Thana
Dear sir, My name is Srinivas i want to Know caluculation for the amount of 20,000 salary per month. with regards Srinivas
2nd August 2012 From India, Thana
Yes you can pay now but there you have to pay interest @1.5% w.e.f. w.e.f. 1st July, 2010 by Finance Act 2010. Do the following step to solve your problem.
1) calculate TDS as per the TDS rates according to that assessment year.
2) Calculate interest @1.5% per month delay of deposit TDS
3) Now deposit TDS and revised TDS return.
Hope it will help you to solve your problem...
Thanks Please appreciate if you like the answer.
26th August 2012 From India , Delhi
Hi Dear all,
Greeting's from Ramesh
now, I've come again with the problems, Can you all one let me know, 1) what is the limit of Consultant payment for not deducted TDS, I think it's Rs.30,000/- annual, i'm not sure. 2) What's the last date for submission of the 4th Qtr. TDS return.
Please let me know. Waiting for your reply.
With Kind Regard's
MANISH
13th September 2012 From India,
Hi Sir,
I also have an query regarding TDS on Salary.
I am not understand calculation of TDS amount.
How it calculate, mean it regarding percentage on it.
I am aware about Tax Chat for the Financial Year 2013-14.
Still an confuses on it.
Can you please guide me.
Thanking you and Best Regards,
Jyoti Gawade.
5th June 2013 From India, Mumbai
TDSMAN is the complete eTDS & eTCS return filing software exclusively designed as per the system specified by NSDL in line with the requirements of the Income Tax Department, Govt. of India. The software enables eTDS & eTCS return generation for all types of Forms - 24Q, 26Q, 27Q, 27EQ. It also prints all the TDS, TCS certificates - Form 16, 16A, 27D. TDSMAN is compliant to TRACES and supports latest FVU version 3.71.
Now get special discounts and gifts on purchase of TDSMAN software (FY 2013-14) which is priced at Rs 3000/-
Valid upto 30th June, 2013. Click here to know more >> http://www.tdsman.com/
27th June 2013 From India, Kolkata
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information and resources for business and professional growth. Register Here
Prime Sponsor: TALENTEDGE - Certification Courses from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2017 Cite.Co™