when T.D.S can be claimed ? urgent

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madhur gupta (Querist)
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20 October 2008 hello friendz
if assessee is maintaining books on cash basis as in case of professionals
my quest.is his t.d.s (relate to his professional services or any one) which is deducted by his clients on 31.03.2008 but he didnt recieve money in next financial year only.so when he can claim that t.d.s ie.in 2007-08 or 2008-09
bcoz in my view as assessee is maintaing books on cash basis n that t.d.s has been deposited obviously in april 2008 so he should claim t.d.s when actually that t.d.s is deposited..........
but will dept.accept this plea
plz guide
thankx

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 October 2008 In 2008-09 by virtue of section 199(1) of the incometax act,1961.

madhur gupta

madhur gupta (Querist)
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20 October 2008 thankx
but if i start maintaining my books on accrue books then i can show income now n can claim t.d.s now also
is it so?

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