Dear all,
If TDS is not done on Payment to Non Resident, Is it permenently Disallowed?
Menu
TDS on Payment To Non Resident
Replies (2)
Dear M.Manu,
If TDS is not deducted or deducted but not paid on payment to a Non-resident within the prescribed date, it would be disallowed u/s 40(a)(i) for that particular year.
However, the expense can be allowed in the year the TDS is actually paid.
Thank You Amogh . . .
Recent Threads
- E Way and E invoice required while movement of Exp
- ESI Applicability As per new wage Code
- Hottest NRI revenues and taxes on it in india
- LTCG on Sale of land bought on 23.07.14 and sold o
- PART B TO D IN INCOME TAX BLOCK RETURN ITRB
- 44ADA (software) and 44AD (app sales on store) whi
- GST registration for additional places of business
- Royalty on Intellectual property Rights
- Form 121 submission
- Wines shop
Related Threads
CAclubindia
