No TDS obligation triggers on estimated year-end provisions reversed next year without identified payees, nor under Section 201 if expenditure is disallowed under Section 40(a)(ia).
No TDS obligation triggers on estimated year-end provisions reversed next year without identified payees, nor under Section 201 if expenditure is disallowed under Section 40(a)(ia). Issue Whether an assessee can be treated as an “assessee-in-default” under Section 201(1) for non-deduction of TDS on temporary, estimated year-end provisions that lack identified payees and are reversed in… Read More »