Poonawalla fincorps
Poonawalla fincorps

tds

This query is : Resolved 
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(Querist)
14 September 2010 whether tds is deductable on yearend provisions
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
14 September 2010 Yes..
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Srinivas G

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Srinivas G (Querist)
14 September 2010 why ?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
14 September 2010 TDS is deductible on date of payment or credit whichever is earlier. Since provision is made on year end TDS to be deductible on credit basis.

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