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TDS Working(Salary)

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(Querist)
06 July 2010 If TDS on salary not deducted or less deducted than what's the implication in statutory audit.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 July 2010 It will be qualified in the audit report, Disallownace will not come
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Akhil Agrawal

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Akhil Agrawal (Expert)
06 July 2010 I agree. However the Income Tax Issues are never a part of the Stat Audit, But still i will agree with Mr Ramesh as there with be financial liability in future on the assessee, thereffore u can qualify ur audit report




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