Disallowance u/s. 40(a)(ia) of it act - no ded. of tds
This query is : Resolved
17 August 2013
Whether payment of Rent for the whole year without deducting TDS attracts disallowance u/s. 40(a)(ia) while computing taxable income?
I saw in the reckoner, when amount is paid without TDS, no dis-allowance will attract, only in case of amount payable, the dis-allowance will attract.
Please clarify my doubt.
I saw in the reckoner, when amount is paid without TDS, no dis-allowance will attract, only in case of amount payable, the dis-allowance will attract.
Please clarify my doubt.
CA UMESH DULAL
(Expert)
19 August 2013
whether the provision for 40(a)(ia) will applicable to entire paid amount or payable is subject matter of dispute.
If you have not deducted tds, then ask a certificate from the payee's CA certifying that the entire payment received by him has been offered to tax,
if you obtain these certificate, it treated as the provisions of section 40(a)(ia) has been complied with.
If you have not deducted tds, then ask a certificate from the payee's CA certifying that the entire payment received by him has been offered to tax,
if you obtain these certificate, it treated as the provisions of section 40(a)(ia) has been complied with.
Message likes :
1 times
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
- EPF ECR NEW FILE SEP 17TH 2026
- Under marginal scheme
- GST on Renting godown to KFCSC for Storage of Raagi
- Capitalgain tax purposes for valuation report compulsory
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Oct 2025 Invoices
- TAX AUDIT ON PROFESSIONAL INCOME
- TDS on Fixed Assets purchased
- Depreciation Chart Companies Act
- Capital Gail Exemption Certificate
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
