deduction

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Lalit Dwivedi

54 Points Joined April 2017

A firm paid commission of rs. 1,00,000/- to its agent who is a resident on 31.12.16. No tax was deducted at source on that amount during the previous year 2016-17. Whether the amount will be allowed as deduction? if yes, what is time limit or rules?

Replies (1)

RAMA KRISHNAN

247 Points Joined May 2017

since the payment has been made already, you can now pay the tds on goi a.c on behalf of deductee and debit deductees account, on or before filing roi. you can also file form 26A before the competent authority before filing roi.