Manoj Chaitanya Varma (1) (61 Points)
11 February 2014CLARIFICATION REGARDING SECTION 40(a)(ia))
For the A.Y.2009-10,TDS is deducted in the P.Y.08-09 and deposited on
15.06.2009 very much before the due date of filing the Return.
Whether expenditure on which above TDS is made is allowed for the
A.Y.2009-10,if so can you provide some case laws supporting the
allowability.
CA Kumar Ajay
(Following My Dreams)
(228 Points)
Replied 11 February 2014
TAN Can be Corrected By The banker Within 7 Days From The Date of Deposit Of Challan
After That It Is Done By The A.O.
But That Will Involve A Request Letter Along With A Affidavit....Long Process.
So If The Amount Is Less Better Re Deposit.
Regards
CA. Kumar Ajay
cakumarajay @ hotmail.com
Manoj Chaitanya Varma
(1)
(61 Points)
Replied 11 February 2014
My Question is whether such expenditure can be allowed as deduction
CAclubindia
