23 February 2011
We raised the bill on the client on 31.3.2010 for commission charges. We follow the accrual system of accounting hence we booked this income in the year 09-10 itself. Our client booked the expense for commission in april 2010 i.e in the year 10-11. He also deducted and paid the tax in april 2010 i.e. w.r.t. asst yr 11-12.
Since we included the income for commission in the year 09-10 relevant to asst yr 2010-11. the question is in which asst yr we can claim TDS?
CAclubindia
