Tds as expense

IF a payment has been made before deducting tds but we deduct and deposit TDS later from our pocket.

Now will the tds so deposited be allowed as expense or not ?

E.g. we paid 50000 to a contractor without deducting tds and later we deposit the tds @ 2% from our on pocket. So will this 2 % be allowed as expense?

Please guide.