https://www.taxtmi.com/highlights?id=56208 Deduction of expenditure representing TDS amount as deducted but not deposited following the Cash Basis of accounting - The amount of tax deducted at source is always considered as the sum paid by the assessee on behalf of the recipient of the income. - Therefore, it cannot be said that the above sum has not been paid by the assessee even while following the cash system of accounting. - deduction of expenditure allowed - AT en-us Wed, 06 Jan 2021 14:33:45 +0530 Wed, 06 Jan 2021 14:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56208 Deduction of expenditure representing TDS amount as deducted but not deposited following the Cash Basis of accounting - The amount of tax deducted at source is always considered as the sum paid by the assessee on behalf of the recipient of the income. - Therefore, it cannot be said that the above sum has not been paid by the assessee even while following the cash system of accounting. - deduction of expenditure allowed - AT Highlights Income Tax Wed, 06 Jan 2021 14:33:45 +0530 https://www.taxtmi.com/highlights?id=56208