Tds recived query

This discussion clarifies which financial year applies to TDS received when the invoice was generated in one year (e.g., 18-19) but the payment was received in another (e.g., 19-20). The consensus is that TDS is applicable to the financial year in which the income is offered to tax, adhering to the fundamental assumption of accrual. Therefore, for an invoice generated in 18-19 with payment received in 19-20, the TDS would typically fall under the 19-20 financial year.