Is my exp is disallowed?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 April 2013
one of my assessee is in tax audit in last year, in the financial year ending 31march 2013 he is not in audit.
he is required to deduct tds on commision paid in march, but he does not has TAN yet.
is the payment made for commision is disallowed, because he is not deposited tax till april 2013.(as he is not having TAN)
he is required to deduct tds on commision paid in march, but he does not has TAN yet.
is the payment made for commision is disallowed, because he is not deposited tax till april 2013.(as he is not having TAN)
26 April 2013
since he is not in tax audit he has to file the return on presumption basis so there is no question of allowance or dis-allowance
as the assessee has to file his return on presumption basis section 40 does not come in the picture
Note : Assessee should be individual/HUF
as the assessee has to file his return on presumption basis section 40 does not come in the picture
Note : Assessee should be individual/HUF
Message likes :
1 times
26 April 2013
&
if he is in business (section 44AD)or Section 44AE
otherwise the same will be disallowed
eg if he is in profession
if he is in business (section 44AD)or Section 44AE
otherwise the same will be disallowed
eg if he is in profession
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