Hi.
This query is : Resolved
11 December 2013
Sec.40(a) of income tax act dealing with disallowance due to non deduction of TDS
11 December 2013
sec 40(a) deals with disallowance of following...
in case of any assessee-
(i) any interest,royalty,fees for technical services or other sum chargeable under this act,which is payable outside India, on which tax has not been paid or deducted shall not be allowed as an deduction...
(ii) any payment which is chargeable under the salaries, if it is paid outside India
and the tax has not been paid or deducted shall not be allowed as an deduction
(iii) any payment to a provident or other fund on which assesse has not made sufficient arrangement to deduct tax shall not be allowed as a deduction
The deduction shall be allowed in the year in which such tax has been paid.
in case of any assessee-
(i) any interest,royalty,fees for technical services or other sum chargeable under this act,which is payable outside India, on which tax has not been paid or deducted shall not be allowed as an deduction...
(ii) any payment which is chargeable under the salaries, if it is paid outside India
and the tax has not been paid or deducted shall not be allowed as an deduction
(iii) any payment to a provident or other fund on which assesse has not made sufficient arrangement to deduct tax shall not be allowed as a deduction
The deduction shall be allowed in the year in which such tax has been paid.
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Transporter Declaration form
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- Multiple trade mark
- Copyright software
- Value of property in capital gain
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
