As per Sec 40(a)(i) cartein payments are not deductible from business income when TDS is not deducted
with in said dua dates...!!!!!!!!!!
My doubt is Mr.A deducted from Mr.X (contractor) of amount Rs.1,000 as per 194C on amount Rs.1,00,000 .
But Mr.A is deposited only Rs.500 to the credit of C.Govt .
In this case can Mr.A claim expenditure Part amount or not???
Thanks in advance![]()