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TDS on provisions made at the end of financial year

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 February 2011 I would like to know what are the guidlines for TDS on the provisions made at the end of the financial year. Pl quote the section of the IT Act as well. I also would like to know the provisions if the financial year ends on 30th June.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 February 2011 As per Income tax only financial year starts from April and ends on march, for closing June which purpose
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