Disallowance under sec 40(a)

Sowmya.S.Balan (Paid Assistant) (749 Points)

14 February 2012  

Dear Sirs,

In our case advance amount paid to a contractor for carrying out labour contract. but fails to deduct TDS . Such amount is shown as advance under current assets in balance Sheet and not shown in Profit & loss account during the year. whethre it is required to disallow in computation