To avoid section 40(a)(ia), TDS must be deposited by which date?
AEnd of the next month
BDue date for filing the return
CDate of the audit report
DThirty first of March
Answer & Solution
Correct answer: B. Due date for filing the return
The disallowance applies if tax deducted is not paid on or before the due date for the return under section 139(1).
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