Court Approves Deduction of Prior Period Expenses When TDS is Paid, If Liability is Crystallized or Ascertained.

Court Approves Deduction of Prior Period Expenses When TDS is Paid, If Liability is Crystallized or Ascertained. https://www.taxtmi.com/highlights?id=42099 Prior period expenses - non deduction of tds - the prayer for allowing deduction of expenses in the year in which TDS is paid to the Government is acceptable subject to the condition that the liability in question should be crystalized/ascertained. en-us Wed, 17 Oct 2018 07:43:50 +0530 Wed, 17 Oct 2018 07:43:50 +0530 TaxTMI RSS Generator Court Approves Deduction of Prior Period Expenses When TDS is Paid, If Liability is Crystallized or Ascertained. https://www.taxtmi.com/highlights?id=42099 Prior period expenses - non deduction of tds - the prayer for allowing deduction of expenses in the year in which TDS is paid to the Government is acceptable subject to the condition that the liability in question should be crystalized/ascertained. Highlights Income Tax Wed, 17 Oct 2018 07:43:50 +0530 https://www.taxtmi.com/highlights?id=42099