Non deduction of tds


This query is : Resolved 

(Querist)
25 March 2015 Urgent advise needed!! If a pvt ltd company, not having audited account from AY 08-09, has not deducted TDS on interest paid, will it be disallowed as expenditure in computation of tax from that year itself?

26 March 2015 Yes. Since TDS was not deducted the said expenditure will be disallowed.


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