TDS

  I HAVE DEDUCTED TDS FROM VARIOUS PAYMENTS OF RS. 19000 FOR THE FINANCIAL YEAR 2009-2010 (i.e. ASSESSMENT YEAR 2010-2011). BUT I FAILED TO DEPOSIT THE SAME TO THE GOVERNMENT TILL 7 JUNE 2010. PLEASE PROVIDE ME WITH THE SOLUTION SO THAT THE EXPENSES SHOULD NOT BE DISALLOWED AND BY WHEN IT SHOULD BE PAID? Can I pay it by 15th JUNE 2010 SO THAT IT CANNOT BE DISALLOWED? Its not 31st may for payment?

WAITING FOR THE RESPONSE.

M AGRAWAL

Replies (1)

many CA's have interpreted the budget 2010 amendment in way that it provides that there is retrospective amendment from 2009 that TDS can be deposited till the date of filing of return to get en expense allowable

plz confirm this....

as we have discussed this with few CA's but still have not find the source...

thnx!!!

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