Tds on salary & salary exp.......
This query is : Resolved
30 December 2014
my client doesn't pay TDS on director & staff salary up to the filing of return for FY 13-14,so whether the salary expanse or TDS
amount is disallowed or not plz help in the situation,PLZ Provide section reference................
amount is disallowed or not plz help in the situation,PLZ Provide section reference................
PRADEEP KUMAR VATS
(Expert)
30 December 2014
Dear Raj
It will be disallowed. Please refer section 40(a)(ia)
It says if the Tds is not deducted or deducted but not paid on or before the due date specified in subsection (1)of sec-139.
Regards
Pradeep Kumar
It will be disallowed. Please refer section 40(a)(ia)
It says if the Tds is not deducted or deducted but not paid on or before the due date specified in subsection (1)of sec-139.
Regards
Pradeep Kumar
Message likes :
1 times
30 December 2014
Sir but there is not specific reference for salary exp & TDS on salary ....
Guest
Guest
(Expert)
31 December 2014
No Salary expense is not disallowed as section 40(a)(ia) does not cover the salary upto A.Y 2014-15.But from A.Y 2015-16 it would be disallowed upto 30%.
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Tax on Amount transferred in HUF Account
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
