Tax
LAXMIDHAR SAHOO (ARTICLES) (190 Points)
11 January 2016LAXMIDHAR SAHOO (ARTICLES) (190 Points)
11 January 2016
CA Mehul Chudasama
(Chartered Accountant)
(618 Points)
Replied 11 January 2016
Allowed In The Next FY . For Example TDS for FY 2014-15 You Have Deducted In The Month of March 2015 But Paid In November 2015 Then It Will Be Allowed In The FY 2015-16
CA CMA CS Ram Pavan Kumar Melam
(CA)
(6980 Points)
Replied 11 January 2016
30% will be disallowed in the FY2014-15 and the same will be allowed in the FY2015-16, if TDS deposited between 01-10-2015* till 31-03-2016.
*Note: Due for filing return of income extended up to 31-10-2015. Hence it is from 01-11-2015