Tds on bribe amount
This query is : Resolved
06 January 2016
hi..if i pay bribe amount to authorities should deduct TDS particular amount? and tell me what is accounting treatment for that transaction?
06 January 2016
Paying bribe to authorities is illegal how TDS applicable.
06 January 2016
TDS @ 100% is to be deducted.
06 January 2016
No tds is applicable since no tds certificate can be issued and moreover under which section tds is deducted?
06 January 2016
In case of 100% TDS nothing will be paid to authorities.
06 January 2016
lots of thanks to everyone...
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