04 October 2008
Where TDS is not deducted on salary payable to an resident indian then whether salary shall be allowed as an expense to the employer? State the relevant section
04 October 2008
Sec 40(a)(ia) does not provide that salary will be disallowed for non deduction of TDS. But,failure to deduct the whole or any part of tax at source : Penalty u/s 271C will attract i.e sum equal to the amount of tax which he failed to deduct.
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