Dear all,
If TDS is not done on Payment to Non Resident, Is it permenently Disallowed?
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TDS on Payment To Non Resident
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Dear M.Manu,
If TDS is not deducted or deducted but not paid on payment to a Non-resident within the prescribed date, it would be disallowed u/s 40(a)(i) for that particular year.
However, the expense can be allowed in the year the TDS is actually paid.
Thank You Amogh . . .
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