{"id":282,"date":"2023-05-26","guid":{"rendered":"https:\/\/myitronlinenews.com\/blog\/?p=105601"},"modified":"2024-05-01","slug":"no-tds-liability-on-year-end-provisions-if-payees-are-not-identified-provision-revered-next-year","status":"publish","type":"post","link":"https:\/\/myitronlinenews.com\/blog\/no-tds-liability-on-year-end-provisions-if-payees-are-not-identified-provision-revered-next-year","title":{"rendered":"No TDS liability on year-end provisions if payees are not identified & provision revered next year"},"content":{"rendered":"\n
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<\/i> Tax Deductions <\/a>

No TDS liability on year-end provisions if payees are not identified & provision revered next year <\/h1> <\/div>

According to a judgment delivered by the Karnataka High Court in the case of Subex Technologies Limited vs. DCIT, Bangalore, it was stipulated that if payees were not identified and year-end provisions were reversed in the following year, there would be no withholding liability for Tax Deducted at Source (TDS). <\/p>

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<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>