TDS obligation arises while making provision at the time of quarterly closure and not when actual exp. is booked

IT: Statutory provisions of withholding tax clearly envisage deduction of tax at source de hors

charge under section 4(1), hence assessee would be liable to deduct tax on provision for expenses created in books of account

 [2015] 59 taxmann.com 107 (Bangalore - Trib.)

IBM India (P.) Ltd. v. Income-tax Officer (TDS) LTU, Bangalore*