Tds deduction

This query is : Resolved 

27 August 2011 Dear Sir/Madam,

Can anybody clarify me whether TDS is to be deducted on Bill date or Receipt date.

As per my knowledge, it is deductable Bill date or Receipt date which is earlier.

Thanks & Regards,
Shrishail

27 August 2011 To be more precise, at the time of credit or payment whichever is earlier.


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