No Section 40(a)(iii) disallowance of salary paid outside india if if tax is not paid within specified time but is paid subsequently
Facts of the case Pursuant to the aforesaid Circular (CBDT Circular No.685 dated 17/20th June, 1994), the Assessee deposited a sum of Rs.9,69,43,214/-, being the amount of TDS pertaining to the payments made abroad to and/or for the benefit of the employees serving in India during the financial years 1984-85 to 1993-94 and the interest… Read More »