Assessee-in-default
This query is : Resolved
20 January 2011
Dear Sir,
What is the meaning & consequences of
Assessee-in-default?
If employer doesnt deduct or deducts short-tds, then does he become assessee in default?
The salary expense will be allowed as deduction even though no tds made?
Regards,
Bhargav
What is the meaning & consequences of
Assessee-in-default?
If employer doesnt deduct or deducts short-tds, then does he become assessee in default?
The salary expense will be allowed as deduction even though no tds made?
Regards,
Bhargav
Aditya Maheshwari
(Expert)
20 January 2011
If employer doesnt deduct or deducts short-tds, then he become assessee in default.
The salary expense will be allowed as deduction even though no tds made as there is no provision to disallow salary u/s 40(a)(ia)
however if salary paid to non resident and no TDS deducted then salary disallowable.
The salary expense will be allowed as deduction even though no tds made as there is no provision to disallow salary u/s 40(a)(ia)
however if salary paid to non resident and no TDS deducted then salary disallowable.
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