My self is practising CA since last 2 Years. During the F.Y.2011-12 I have carried out Statutory Branch Audit of Indian Overseas Bank related to F.Y.2010-11. I got the payment towards Professional Fees in May ,2011 along with TDS certificate realted to F.Y.2010-11. Though I have taken this TDS certificate in My ITR-4 related to F.Y.2010-11 but claimed in Next F.Y.i.e.2011-12 in which I received my professional Fees based on cash /receipt basis. Now query is whether i can get the TDS credit in F.Y. 2011-12 or not pertaining to Income in which the same is received on cash basis.
Please clarify & revert back if any one followed the same practise.
CAclubindia
