Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 May 2013
IF INTEREST ON LATE PAYMENT OF TDS IS NOT PAID THEN IS THE EXPENSE DISALLOWED.
NOTE THAT TDS IS PAID ONLY INTEREST IS NOT PAID.
NOTE THAT TDS IS PAID ONLY INTEREST IS NOT PAID.
CA Parul Saxena
(Expert)
22 May 2013
Allowability of Expenses is not dependable on payment or non-payment of interest on TDS.....if TDS is no deducted or not paid only in that case expenses are not allowed.
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