12 October 2016
if TDS non deduction or TDS deducted but not deposit for FY (2015-16) before filing or due date whichever is earlier for( for partnership firm) then 30% dis-allowable expenses for AY 2016-17 but 30% paid amount is allowable while computing income tax in AY ( 2017-18)
12 October 2016
Under section 40(a)(ia) of the income tax act, the dis-allowance is 30% of the amount of expenditure on which TDS is not deducted and the same will be the allowable in the year on which tds was paid.