Section 40(a)
This query is : Resolved
21 May 2008
Whether 40(a) disallowance as per income tax is applicable even for short deduction of TDS on Expenses? if yes is there any cases standing for that? and also the assessee if he pays the balance of TDS before the due date of filing with interest still it will be disallowed??
21 May 2008
yes, to the extent of short deduction.
21 May 2008
is it must to disallow? and are there any case laws for such instances
21 May 2008
Hi Shri,
If the short deposit is made good within the Financial Year there is no disallowance.
Mr.Srinivasa,
You are referring to a old section.
Rgds/
Vineet
If the short deposit is made good within the Financial Year there is no disallowance.
Mr.Srinivasa,
You are referring to a old section.
Rgds/
Vineet
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- TDS APPLICABILITY......
- Copyright software
- 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
