https://www.taxtmi.com/article/detailed?id=7403 The apex court holds that the TDS-linked disallowance applies to amounts both paid and payable when tax deductible at source was not deducted or, after deduction, not deposited; payment (or credit in mercantile accounting) triggers the liability and disallowance, relief being available once omitted TDS is subsequently deposited, while amounts not claimed as allowable or outside the TDS scope do not attract the provision. en-us Tue, 09 May 2017 07:35:55 +0530 Tue, 09 May 2017 07:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7403 The apex court holds that the TDS-linked disallowance applies to amounts both paid and payable when tax deductible at source was not deducted or, after deduction, not deposited; payment (or credit in mercantile accounting) triggers the liability and disallowance, relief being available once omitted TDS is subsequently deposited, while amounts not claimed as allowable or outside the TDS scope do not attract the provision. Articles Income Tax Tue, 09 May 2017 07:35:55 +0530 https://www.taxtmi.com/article/detailed?id=7403