Anish Chowdhary (Consultant) 10 September 2019
I have a Pvt. Ltd. company and i have given unsecured inter corporate loan to a company.
The Company is not paying interest neither refunding the principle.
During prior years the company was deducting tds and depositing the same. But during f.y 18-19 the said company didn't deduct any tds and deposited the same. They have also not returned our signed confirmation for f.y 18-19.
This year i.e f.y 19-20 we have filed a case in court for the same calling for refund of my money along with interest.
So, should i provide for interest and tds in my books for f.y 18-19 or not.