TDS on year end provisons

TDS is required to be deducted on year end provision for expenses also. The tax thereon deducted has to be deposited on or before 30 April. As a matter the act is clear when it states that TDS is to be deducted even if the credit is made to a suspense account, and provision for expenses is in the nature of a suspense account.

agreed with Mr. Vivek

whether it is applicable on monthend provision where b/s and p&l are prepared on monthly basis?