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tds

This query is : Resolved 

22 March 2010 we know if i fail to deduct tds then the entire expenses will disallowed, when tds deducted and deposited to govt. treasury, but fails to submit Tds return for the same-------in such case the respective exp. will disallowed or not?

please answer

22 March 2010 As rightly stated, the dis allowance is attracted only when there is a faliure to deduct and / or pay the TDS.

Non filing of Return does not attract dis allowance.



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