TDS was not deducted on a particular expense on 31/03/2009 and at the tym of finalisation of accounts, tds payable is created on such exp and deposited before 30/09/2009.. whether exp is allowed or not????/
sakshi taneja (qualified ca n searching job) (341 Points)
19 November 2009TDS was not deducted on a particular expense on 31/03/2009 and at the tym of finalisation of accounts, tds payable is created on such exp and deposited before 30/09/2009.. whether exp is allowed or not????/
CA SUDHAKAR
(CHARTERED ACCOUNTANT)
(189 Points)
Replied 19 November 2009
If the due date for filing return of income is 30.09.2009 and TDS deductible or deducted for the month of March, 2009 is remitted on before 30.09.2009, such related expenses will be allowed as deduction.
CA. Gurdeep Singh Chawla
(C A)
(7080 Points)
Replied 19 November 2009
allowed as deduction if deposited before the due date of filing of return
Sunil
(Trader)
(2611 Points)
Replied 19 November 2009
| Originally posted by :CA. Gurdeep Singh Chawala | ||
| " | allowed as deduction if deposited before the due date of filing of return | " |
Add: alongwith payment of interest for late payment.
JAISON JACOB . K
(Sr.Audit Manager )
(167 Points)
Replied 24 February 2010
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