TDS


This query is : Open 

13 September 2016 if i have booked some expense on which i have to deduct TDS but i don't know the party name. say for e.g i have booked expense like provision entry like expense debit and provision for expense credit but i don't deduct tds because i don't know the party name then in this case the expense is disallowed?????

13 September 2016 Dear Arpit, no it will be not disallowed but penalty and interest provison will be applicable


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