Tds credit
This query is : Resolved
29 September 2014
I booked an income in 2013-14 F.Y. and party has deducted TDS in 2014-15 F.Y. , So can i take credit of TDS in F.Y. 2013-14 as corresponding income is booked in same year.
29 September 2014
It is only possible to carry over TDS made during the current year to next year when the income is accounted in next year. Not possible as suggested.
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