Question ID : 40882

In which Quarter details can be included

payment of professional fees is as under Q1 10000 Q2 15000 Q3 20000 Upto Quarter 2 payment of professional fees was less than Rs 30000 so no TDS is deducted but in Q3 cumulative payment has exceeded Rs 30000 so liability for payment of TDS arises on entire payment including Q1 and Q2 . Our query is that while filing TDS return for Q3 , details of Q1 and Q2 can not be included. If we now go back to Q1 and Q2 and include these details then interest amount will have to be paid. So we want to know correct procedure.

posted by samirkumar gokulbhai kasvala on Oct 27 2020 12:00AM