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Income and TDS.Please help

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 July 2010 I have received Rs 90,000 as advance in the year 2009-10 on which TDS has been deducted and TDS certificate is received. Do we have to offer the above as income as TDS has been deducted or is it ok if i take it as advance received? If i have to offer it as income, kindly mention the relevant section.
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CA.Mini

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CA.Mini (Expert)
10 July 2010 tds for the period can be claimed only for that financial year.in case the advance is nonrefundable then claim in the same financial year for avoiding the nitty-bittis in future .it usually arises in case of rent advance
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DR GAURAV GUPTA FCA, FCS, LL.B

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DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
11 July 2010 if it is advance salary then it must be taxable as per section 15 on receipt basis in the same financial year
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