TDS-on bad debts
This query is : Resolved
25 July 2010
if certain income is not received by the assessee but was due to him and a TDS certificate is issued to him for the whole amount including the amount not actually recd. by him then can TDS be claimed even on the income not recd. by him(Bad debts)
25 July 2010
Yes. TDS can be claimed as he must take the income in his account and keep the remaining amount in receivables.
25 July 2010
but if the said amount is claimed as bad debts and nt kept as receivable den?
25 July 2010
Even then he can claim TDS.
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