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TDS u/s 192: Deduction at Payment Time, Not Accrual, Key for ESOPs u/s 40(a)(ia) Disallowance.
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....TDS on account of ESOP - Disallowance u/s 40 (a) (ia) can be made only when the tax is deductible at source. TDS u/s 192 made at the time of payment and not at the time of accrual. - AT....
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