Claim of TDS Certificate
This query is : Resolved
Dheeraj Hans
(Querist)
25 June 2011
Dear Experts, Pls Clarify
(1) I have TDS certificate for the year FY 09-10,Can i claim this in Fy 10-11"
(2) I have received consultancy income of Rs 100000 for the period oct 09 to oct 10, for which i have book 50% amount as consultancy advance. Can i also book the TDS in two different years ie for Fy 09-10 & 10-11.
(1) I have TDS certificate for the year FY 09-10,Can i claim this in Fy 10-11"
(2) I have received consultancy income of Rs 100000 for the period oct 09 to oct 10, for which i have book 50% amount as consultancy advance. Can i also book the TDS in two different years ie for Fy 09-10 & 10-11.
CA. Krishna K Neeraj
(Expert)
26 June 2011
It depends upon the method you adopt for accounting. If it is maintained on cash basis, you can claim TDS and show income in the year of receipt. On the other hand, if you are maintaining books on mercantile basis, you have to show income on accrual basis, correspondingly you can claim TDS
Ghanshyam T Jha
(Expert)
30 June 2011
you can claim TDS in the year when you offer the same income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
