tds

This query is : Resolved 

17 June 2010 if company has not paid tds on salary for the entire year and planning to pay before 30th sept will it be allowed as expense in the current year or not

17 June 2010 IF company has deducted but not deposited the same then it can be deposited with interest before 30th Sept, it will also be allowed for the current year.

But AO can levy penalty for the same u/s 271, why you have not deposited tds entire the year.



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