# public limited company
1 posts in `public limited company` tag
No TDS liability on year-end provisions if payees are not identified & provision revered next year
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).
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By Krishna
