TDS applicability on provision for expenses

CA Prabhakar Dubey , Last updated: 10 June 2011  
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Hi All, Recently I have read the article on CAclubindia that TDS will be applicable on provision for expenses. First we must understand that what is the provision for expenses we booked in the books of accounts. As per AS 29, provision is the estimation of liability probability

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CA Prabhakar Dubey
(Chartered Accountants)
Category Income Tax   Report

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