Disallowance of salary , if paid witout deduction of tds
This query is : Resolved
28 October 2016
PLEASE GIVE A CONFIRMED ANSWER ABOUT SALARY PAID WITHOUT DEDUCTION OF TDS TO APPLICABLE EMPLOYEE, IS IT DISALLOWABLE COMPLEATELY ..???
28 October 2016
It will not be disallowed. Sec 40(a) not applicable to salary.
28 October 2016
Yes, any sum paid without deducting TDS
Disallowance shall be restricted to 30% of the amount expenditure on which TDS non deducted.
Earlier 100% of such amount dis allowed
Disallowance shall be restricted to 30% of the amount expenditure on which TDS non deducted.
Earlier 100% of such amount dis allowed
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
