19 October 2014
I have recd professional fees.. I have accounted on cash basis and my client had accounted it on merchantile basis and accordingly the TDS was done on merchantile system..
there is a mistmatch of TDS due to different accounting policies followed.. and I claim TDS in d year of reciept of income..
now I have recd a income tax notice for wrong claim of tds and have issued notice for income tax payable..does any1 has a supporting case law / judgement or circulars..?? for claiming of tds.. the department is gng on system.. say u have claimed it in ay 11-12 same is not reflected in 26as of ay 11-12... but it is reflecting in year ay 10-11
CAclubindia
