TDS on Import Services

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This discussion addresses the timing of TDS (Tax Deducted at Source) liability for royalty fees paid to an import vendor. Despite finalising the royalty calculation and making a provision of INR 100,000 on 31st March 2025, an invoice hasn't been received, preventing the preparation of Form 15CB and 15CA. The core question is whether the TDS liability should be recognised on 31st March 2025 or upon receipt of the invoice and completion of the necessary forms.

SIDDHARTH MAHESHKUMAR SHAH

SIDDHARTH MAHESHKUMAR SHAH (Querist)
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11 April 2025 We have made the provision for INR 100000 towards Royalty Fees from Import Vendor on 31-Mar-25, as invoice not raised by vendor but royalty calculation is finalised. Hence 15CB and 15CA also cannot be prepared.
So please suggest TDS Impact U/s 195. When TDS Liability to be created on 31-Mar-25 or as and when Invoice received and 15CB and 15CA is prepared.