Dear all,
If TDS is not done on Payment to Non Resident, Is it permenently Disallowed?
Amogh
(Service)
(34 Points)
Replied 22 October 2010
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.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)