We didn't deduct the TDS on Interest for the Financial Year 2011-2012 AY-2012-13.
Now, we plan to deduct the TDS for the same. Is there is any possible to Dedcut and claim the same from deductee and IT can accept the same.
Please any one can suggest me.
Yes you can deduct in the Current Year. But Interest Expense will be disallowed in that year and it will bhe allowed as dedcution in the Current Year.
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
CAclubindia
