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Non deduction of tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 September 2018 Dear Experts,
We have paid interest exceeding 5000 but not deducted TDS. Pls clarify what will be consequences for the same?

Thanks
Mukesh

23 September 2018 30% of Interest is disallowed u/s 40(a)(ia)



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