43B
This query is : Resolved
28 June 2010
Is TDS made by the company covered under the meaning of 'tax' as mentioned in section 43B?
In other words, if Company does not deposit the TDS made, then will there be any disallowance u/s43B.
Thank you,
Is TDS made by the company covered under the meaning of 'tax' as mentioned in section 43B?
In other words, if Company does not deposit the TDS made, then will there be any disallowance u/s43B.
Thank you,
28 June 2010
Yes, if assessee doesn't DEDUCTE as well as DEPOSIT TDS before time limit, then there will be disallowance.
28 June 2010
There will be disallowance u/s 40(a)(ia) and not 43B and the disallowance will be of the expenses on which TDS has been dcducted and not paid and not of only the TDS amount.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- TDS Challan Code
- Relief u/s Section 89
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- Entries in AIS regarding sale of units and shares
- Lease agreement and tax on sale
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
