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expense allowed for non tds deducted expense

sajeer k (accounts officer) (177 Points)

06 November 2018

allowed expense in it for non tds deducted expense

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Mayur Patil (Article) (1276 Points)
Replied 06 November 2018

Sec 40(a)(ia) 30% expense disallow if TDS not deducted where TDS required to deduct

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rama krishnan (12239 Points)
Replied 06 November 2018

all expenses such as salary royalty fees professional fees commission contract payments rent etc TDS required to be deducted

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Nitesh bind (Student CA Final ) (12692 Points)
Replied 06 November 2018

Different expenses are allowed to be paid without deducting TDS e.g. Payment to contractors Upto 30000/75000, payment of rent Upto 180000/- payment of commission Upto 15000/-, Payment of Interest Upto 5000/10000 etc. You can pay Upto that amount without TDS and you'll be allowed expenses even though.

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