banner_ad

when T.D.S can be claimed ? urgent

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

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

madhur gupta

Profile Image

madhur gupta (Querist)
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?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details