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Non deduction of tds

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(Querist)
25 March 2015 Urgent advise needed!! If a pvt ltd company, not having audited account from AY 08-09, has not deducted TDS on interest paid, will it be disallowed as expenditure in computation of tax from that year itself?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
26 March 2015 Yes. Since TDS was not deducted the said expenditure will be disallowed.

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