TDS done in subsequent year - TDS Cert to be issued for whic

This query is : Resolved

CA Sanjay Baheti (Querist)
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16 April 2010 Payment were made during FY 08-09 without deducting TDS us 194J and expediure was disallowed us 40(a). TDS was paid with interest during the FY 09-10. Now while filing the TDS return and Issuing TDS certificates, in which qtrs TDS return these payment are to be included. Should i file a revise 26Q for 08-09 or can i include it in the 26Q for the quarter in which TDS payment is made? Also should i include these payment in TDS cert for Asst Year 09-10 or 10-11?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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16 April 2010 PLEASE TELL ME. IF YOU HAVE NOT DEDUCTED TDS EARLIER HOW ARE YOU GOING TO PAY THE AMOUNT? FROM YOUR OWN FUNDS OR YOU CAN CLAIM THE TDS AMOUNT FROM YOUR VENDOR?

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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16 April 2010 At the time of depositing TDS , Assessment year is selelcted , If you have deposited TDS in AY 2009-10, then you have to revise return of that quarter of FY 2008-09 and issued revised TDS Certificate.
Other expert's view is solicited.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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16 April 2010 AGREE WITH MR. BANSAL'S VIEW. IF YOU HAVE DEPOSITED THE AMOUNT YOUR ACTION WILL DEPEND ON THE AY MENTIONED BY YOU IN YOUR CHALLAN.

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