Can TDS be claimed as an expense
This query is : Resolved
11 June 2008
Whether TDS borne by the deductor can be claimed as an expense in the books of the deductor?If yes, under which section of Income tax act,1961?
AMIT DOSHI
(Expert)
12 June 2008
no not allwed as deduction onview of provisions of sec 40
17 June 2008
Can you pls explain me in detail with proper sub section and its interpretation to the context mentioned above
05 April 2012
Where TDS has not been deducted but deposited by the payer on its own, then the same is not allowed as deduction.
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