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Did not deducted tds, can get the tax exemption for that am

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(Querist)
10 October 2014 Hello all,

Because of my ignorance we didn't deduct TDS to our service provider.

We paid that amount towards rent and that's more than Rs 5,00,000/-.

My accountant is saying we can not get TAX exemption (or we can not show that amount as expenditure) as we didn't deduct TDS. Is that true?

Thanks,
Naresh
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
10 October 2014 you can deduct, provided you are able to obtain a certificate from the deductee signed by a CA under proviso to section 201(1)
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