TDS Calculation


This query is : Resolved 

(Querist)
07 July 2008 Hi

My querry s this should we claculate TDS on Due basis or Payment Basis for expenses.

Mohit Gupta (Expert)
07 July 2008 As a Income Tax Law TDS deducated on due basis or payment which ever is earlier so Expenses book or Adavance payment which ever is earlier should be dedcut the tds

30 September 2008 Mr.Mohit reply is right

12 July 2009 Mr. mohit is right


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