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tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2010 dear all,
can any one tell me what is the remedy available for non tds on salary paid for fy 2009-10 by march 31st. can the amount be paid as self assessment tax by the employee and if so will the expenditure be allowed for the company.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
11 June 2010 Yes.Allowed.plese refer sec.40(a)(ia)
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