Hi,
If a person pays salary to employees but failed to deduct TDS as per s.192, is the full annual salary disallowed as expense?
Is there any step that one can take to make it allowable?
Please suggest the same.
Thank you.
Richa vaidya (Partner) (56 Points)
01 September 2018Hi,
If a person pays salary to employees but failed to deduct TDS as per s.192, is the full annual salary disallowed as expense?
Is there any step that one can take to make it allowable?
Please suggest the same.
Thank you.
Richa vaidya
(Partner)
(56 Points)
Replied 01 September 2018
Thank you,
I am asking for partnership firm, We have 4 employees but did not deduct TDS as we are only new firm and did not know about provisions.
Is any way possible to get the salary allowed as expense?
nikhil
(ca)
(221 Points)
Replied 01 September 2018
rama krishnan
(12234 Points)
Replied 01 September 2018
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