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Tcs

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2013 When tds is not deducted the expenditure is disallowed but if tcs is not deducted disallowance of what ?
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@VaibhavJ

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@VaibhavJ (Expert)
19 October 2013 Hi

Since it is Income then same can not be disallowed but penalty is levied.

Thanks//VaibhavJ

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