TDS NOT DEDUCTED
SACHIN KHETAWAT (Student) (349 Points)
19 March 2018SACHIN KHETAWAT (Student) (349 Points)
19 March 2018
abhilash
(student)
(411 Points)
Replied 19 March 2018
As per section 40(a)(ia) Entitiy expense is disallowed to the extent of 30% and there is a exception for this:
If the payee has vouluntarily furnishes his ROI and paid the tax due on such income then no disallowance is attracted.
In your case u can pay tax and file ITR
PARESH SHAH
(PARTNER)
(126 Points)
Replied 19 March 2018