prior period expenses or not

CA lakshmikanth (Chartered Accountant) (238 Points)

10 February 2010  

one practical question

if 31-3-2009 interest recevied on LC margin money rs 819969.57 tds deducted rs 185805

but this financial year that interest amount reversel of rs 283630.76

is it prior period expenses or not

if prior period exp what about TDS

TDS return alreadt filed if any nessery to rivised the TDS return