Tax Deducted at source
This query is : Resolved
20 November 2008
One of my client deducted TDS on some payments during FEB 2008. Though he was supposed to pay the TDS by 7Th March 2008 , he paid the same in the month of April 2008. I wish to know in which financial year the amount paid shall be allowed as deduction.
20 November 2008
He can decuct the same in the financial year 2008-09.
21 November 2008
In assessment year 2009-10 relevant to financial year 2008-09.
21 November 2008
The amount paid by way of TDS shall be allowed as a deduction in the financial year 2008-09
21 November 2008
FY 2008-09
21 November 2008
Thanks everyone for your prompt reply
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