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Tax Deducted at Source

This query is : Resolved 

07 May 2008 Will pls. someone help me?
If the TDs is not deposited in time with the department then what are its repurcussions other than levy of 1%intt. p.m. on the amount not deposited.

08 May 2008 if tds amount is not deposited in time then before the closing of year then the whole amount of expencess is disallowed u/s 40a(ia) of the said act & tax is to be paid on that amount



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