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TDS deducted on Advance by party is income or not

This query is : Resolved 

29 September 2010 Dear Experts,

Pls. clear

If TDS deducted by party on advance, but Bill not raised in that F.Y., Is advance is to take as income or not.further if We not claim any Credit in F.Y. 2009-10 in which party has deducted TDS, can we claim it in next year when we will billed party against TDS certificate of F.Y. 2010-11.


29 September 2010 Advance received is not an income.

You can claim the TDS on Advance against all other incomes of F.Y. 09-10
It cannot be claimed in F.Y. 10-11 as the same is pertaining to F.Y. 09-10


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