Forgot to pay TDS on Income Tax which was deducted 9 months back

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    • July 30, 2017 at 9:35 am #2439
      Anonymous
      Guest

      We had deducted Tax Deduction at Source (TDS) from the professional fee paid to a lawyer about 9 months back. However, we forgot to deposit this TDS and also forgot to include this TDS amount in our TDS return for that quarter. What should be done now?

    • July 30, 2017 at 12:47 pm #2447
      Dr. Ashok Dhamija
      Advocate

      If some TDS amount was deducted but not deposited on time, then you may deposit this TDS amount now along with the applicable interest and penalty, if any.

      Further, you may revise the TDS Return for the relevant quarter after paying this TDS, if such Return had already been filed.

           

      Dr. Ashok Dhamija is a New Delhi based Supreme Court Advocate and author of law books. Read more about him by clicking here. List of his Forum Replies. List of his other articles. List of his Quora Answers. List of his YouTube Videos.

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