consequance of failure of short deduction of TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2010
Please inform me the consequance of short deduction of TDS of earleir year ie. for FY 2007/2008. TDS angel and expenses angel.
thanx
thanx
CA.Madhusudan B.P.
(Expert)
16 November 2010
If short deducted, make good the difference in current year including the interest. The allowablity of the expenses is on the TDS payment made in the year.
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