Dear all,
If TDS is not done on Payment to Non Resident, Is it permenently Disallowed?
Menu
TDS on Payment To Non Resident
Replies (2)
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 . . .
Recent Topic
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
Related Topics
CAclubindia
