Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2015 Hi all,
my query is if TDS on salary of employee/ or any other Exp has not deducted for 1 month only & for rest 11 months it has been deducted then entire exp of 11 months will be disallowed or expenses on only 1 month will be disallowed?????

CA. Narendra Purohit

CA. Narendra Purohit (Expert)
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09 July 2015 IF you deducted for 11 month and which is according to tax slab of income tax than no item will be disallowed

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2015 If TDS is liaible to be deducted on 12th month also then what will be the answer???

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CA. Narendra Purohit

CA. Narendra Purohit (Expert)
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09 July 2015 the portion on which u deducted the TDs is allowable exp and on which portion TDS if not deducted is disallowed