04 September 2009
Hi, TDS deducted up to the month of Feb-09 is required to be deposited up to 31st of March-09 otherwise the expenses will be disallowed u/s 40(a) however the TDS deducted in the month of March-09 can be deposited up to 30th september to avoid disallowance but interest on late deposit of TDS will be deposited under the provisions of Chapter XVII B
CAclubindia
