09 December 2013
Section 40(a) : The provisions of this clause requires the assessee to deduct TDS on certain payments which are being made to non residents/residents. Non deduction of TDS makes the expenditure diallowable. . Section 43B: The provisions contained in this section prescribe for deduction of certialn taxes and expenses on payment basis, though the assessee follows Mercantile system of accounting. .
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