TDS on expenses
This query is : Resolved
12 June 2010
Expenses occured in month of Marh'10 but party gave the bill in april'10 and bill date was 4.4.2010(Bill period 1st March'10 to 31st March'10). Can we book this expenses in 31st March'10 and dedudct TDS ?
Shyam Lal Naik
(Expert)
12 June 2010
Yes.
Following mercantile basis, expenses should be booked in March'10 and consequently TDS should be deducted.
Following mercantile basis, expenses should be booked in March'10 and consequently TDS should be deducted.
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