TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2010 when invoice is raised and payment is received the tds deducted by client is booked on brv date.

But when payment is not received, can tds deducted by client be booked on invoice date if FY has ended.

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

25 August 2010 TDS to be deducted at the time of payment or credit whichever is earlier. SO it can be deducted at the time of booking the expenses also.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

25 August 2010 Yes it can be booked... OR alternatively a provision can be made.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

25 August 2010 Since, the amount relates to one FY & the payment will be received in next FY, so the Provision of TDS to be deducted by client can be made on the last date of FY.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

RAGHUNATH KASIBHOTLA

CA Sunny Sharma

Raviraj ponkshe

adarsh chaturvedi

DEEPAK BHARGAVA

Subscribe Now

TDS

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Accountant

GST CONSULTANCY

Article Assistant

GST CONSULTANT

CA Final