Issuance of Form 16A
This query is : Resolved
Bala Abiramy
(Querist)
05 June 2009
Dear Experts,
We have accured expenses for the FY 2008-09 although we received the invoices only in April/May 2009.
Credit was duely given to the party & TDS deducted,paid..filed the Q4 returns & also issued Form 16A.
Now the deductee claims that for the invoices raised in April/may 09, separate Form 16A needs to be given & that it does not pertain to the FY 2008-09.
Our content is that we have accured for the expenses in our books & hence deducted/paid TDS & included in the FY 2008-09 itself.
Is the content correct?& any supporting available to this?
Kindly provide asap!
We have accured expenses for the FY 2008-09 although we received the invoices only in April/May 2009.
Credit was duely given to the party & TDS deducted,paid..filed the Q4 returns & also issued Form 16A.
Now the deductee claims that for the invoices raised in April/may 09, separate Form 16A needs to be given & that it does not pertain to the FY 2008-09.
Our content is that we have accured for the expenses in our books & hence deducted/paid TDS & included in the FY 2008-09 itself.
Is the content correct?& any supporting available to this?
Kindly provide asap!
Radheyshyam Falod
(Expert)
05 June 2009
You can issue two TDS certificates to the person for the year. One for the whole year upto 30th March, 2009 and one for 31st March, 2009 only i. e. in respect of provision of expenses made.
The said person must be keeping his books on cash basis so he must be facing such a problem and asking for 2 TDS certificates. You can claim the expenditure in F. Y. 2008-09 itself.
The said person must be keeping his books on cash basis so he must be facing such a problem and asking for 2 TDS certificates. You can claim the expenditure in F. Y. 2008-09 itself.
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