TDS Disallowance of Expenditure

sowmya.s (accountant) (78 Points)

13 January 2011  

Hi,

Please provide information regarding this:

1.Eg: If XYZ Company is not file the return and not yet paid the tax for the financial year 2008-2009. & Not yet started the   

   audit   of 2009-10 & 2010-11?

   Due to insufficiant fund it has happened.

   So once company got fund how much they need to pay? Means Actual Income tax of 3 yrs + Interest right? How this can be treated? Kindly

    Explain?

2. If TDS on Rent is deducted but not yet paid to the government for the period of 2009-10 to till Date?

    How this can be treated? & What do you mean by Disallowance of Expenditure?

   How it effect on TDS?