Poonawalla fincorp
Poonawalla fincorp

TDS

This query is : Resolved 
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(Querist)
17 January 2011 Sir i gave contranct on 15/3/10 and tax deducted on same day but tds deposited in july 10.
Plz advise me exp allowable as exp u/s 40 (1) or not in f.y 2009-10
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
17 January 2011 Allowed if the tds is deposited before the ITR & that too with applicable interest charges.

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