14 April 2009
An individual (covered u/s 44AB) deducted TDS u/s 194 on Interest other than interest on securities in the month of Nov. but paid on 14 April 2009 along with interest. I want to know whether the interest will be deductible in F.Y. 2008-09 or F.Y. 2009-10 or the same is not deductible at all.
14 April 2009
That Interest shall be deductible only in FY 2009-10. If it would have been deposited by 31st March, then you could have claimed it in FY 2008-09. But now it shall be claimed in FY 2009-10.
14 April 2009
That Interest shall be deductible only in FY 2009-10. If it would have been deposited by 31st March, then you could have claimed it in FY 2008-09. But now it shall be claimed in FY 2009-10.
CAclubindia
