Tds

Stat Audit 410 views 1 replies

Respected Sir,

One of my client provision created for Audit fee as on 31.03.2014 without deducting TDS,but tds deducted at the time of payment. Payment date is beyond 30.09.2014.My question is that audit fee is allowable or not under Income tax act. Please answer me it is urgent.

 

thanks & regards.

bhaskar 

 

 

 

Replies (1)

you can pay before 30.09.2014 by deducting TDS, it is allowed only if it is paid on or before 30.09.2014. otherwise it is Disallowed.


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