We paid Rs.70770/- as audit fee for the F.Y 2010-2011. but we forgot to cut TDS on that amount.the same tds amount was paid in this year.Can they set off this tds amount with current year income?
Your auditor should have guided you properly and well in time while receiving the audit fee.
As the fee relating to 2010-11 was paid in 2011-12 so you can take up the TDS (already deducted and deposited) on payment basis. In short you can set off this year.
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