Hi.
This query is : Resolved
CMA Ramesh Krishnan
(Expert)
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.
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