16 July 2008
When interest income is shown on receipt basis, how to show the TDS data related to the Form 16 which would show the TDS on accrual basis.
Can we claim the coresponding figure of TDS corresponding to the interest income shown on the basis of actual receipt. In such a case, can we show the balance TDS (corersponding to the interest on accrual basis) in the next year return?
CAclubindia
