Dear Sir,
Client, deducted TDS on contracts for F.Y. 2009-10, but paid it in May, 2010 in F.Y. 2010-11, before due date of filing IT returns, whether such expenses allowable in 2009-10 or not ?
Kindly advice,
Thanks & regards,
Valerian Dsouza
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Tds on contractor f.y. 09-10 deducted but paid after 31/3/10
Replies (6)
ya this will be allowed becoz this was paid on or before due date of filling of return of income u/s 139(1)
Deduction is allowed because it is paid before filing of income tax return.
| Originally posted by : amit kumar agarwal | ||
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ya this will be allowed becoz this was paid on or before due date of filling of return of income u/s 139(1) |
 |
YES AGREE...
Allowable deduction.
ALLOWABLE
| Originally posted by : amit kumar agarwal | ||
|
|
ya this will be allowed becoz this was paid on or before due date of filling of return of income u/s 139(1) |
|
Agree with Amit ji.
Thanks
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