23 August 2010
I have submitted bill for the professional services for Rs. 50,000 in January 2010 on which TDS has been deducted by the client. Certificate has been issued to me for the full amount of income. However, the payment has been made to me in August 2010. How do I account for the income for the y. e. 31.3.2010 and claim TDS. Whether it is possible to claim the TDS in the year of receipt when the full income is offered for tax i. e. FY 2010-11
CAclubindia
