Delay Payment of TDS
This query is : Resolved
17 September 2009
The assesse has deducted TDS on 15.03.2009 on other than salary and deposited the same on 15.06.2009 i.e. after 31.05.2009 . Will the expenses will be allowed for the Assessment Year 2009-2010 or Assessment Year 2010 -2011 ?
CA. B.SRINIVASULU
(Expert)
17 September 2009
The expenses will be allowed under 2009-10 if he has not filed his return on 15-6-2009. If he has filed the return before 15-6-2009 then it will be allowed in 2010-11.
simple terms - Deductions of march can be paid on or before filing of the return to claim expenditure in the year of entry itself.
simple terms - Deductions of march can be paid on or before filing of the return to claim expenditure in the year of entry itself.
Anjani Pratap Tiwari
(Expert)
18 September 2009
if the return is filed before 15.06.09 then it is not allowed in the A.Y.09-10. otherwise it is allowed in the A.Y.09-10
Shyam Lal Naik
(Expert)
20 September 2009
The TDS under reference can be deposited before due date for filing of return of Income.
The actual date of filing of return of income is not relevant.
The actual date of filing of return of income is not relevant.
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