Tds applicability on company

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jaya (Querist)
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07 May 2026 Hi,
if we put provision of an expense (from our regular vendor) on 31st march then the tds appllicability will come during that year or when we receive and consider the bill?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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07 May 2026 Section 194 requires TDS on payment or credit—whichever is earlier. A provision for a known vendor counts as a credit, triggering TDS in the same financial year.
TDS sections state tax is due upon "credit of such sum to the account of the payee" or by "whatever name called" (like a Provision account).

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