TCS

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IF TCS HAS BEEN DEDUCTED BUT COULD NOT BE DEPOSITED TO THE CREDIT OF GOVT. THEN WILL THEIOR BE ANY DISALLOWANCE?

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Yes Rajat As per provision of section 43B sya . Please refer it.........

If any tax deducted but not paid to the credit of  govt., such tax shall be disallowed...............

thank's    sorabh & ratan

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