Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177726 Points)
Replied 04 June 2024
Non-deduction or non-payment of TDS on payments made to residents as specified in section 40(a)(ia) of the Act, the disallowance shall be restricted to 30% of the amount of expenditure on which TDS is not deducted.
CA Anoop Kumar Sharma
(Accounts Manager)
(2065 Points)
Replied 05 June 2024
30% of expenditure amount are disallowed.
CAclubindia
