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TDS Liability in case of Provisional expenses

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(Querist)
22 July 2010 I want to know if we have booked exp. on provisional basis whether or not liability to deduct tax arise .pls reply soon.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
22 July 2010 If provision is made at the end of the financial year TDS needs to be deducted but in case provision is made for preparation of quarterly or halfyearly balance sheet TDS deduction is not required.
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Nirpendra Singh

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Nirpendra Singh (Expert)
22 July 2010 Yes
if at the end of the year if any provision is made for exp. than TDS is required to be deducted (subject to applicability of TDS on exp. ).
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
22 July 2010 Agreed with experts.
FOr example Provision for Audit fee, TDS will be deducted.
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