about t.d.s.

This query is : Resolved 

06 July 2010 if a tenant paid rent to his landlord in advance in the f.y. 2007-08 for the f.y. 2008-09 and landlord deduct the t.d.s. on advance rent received by him. kya tenant ko 2007-08 ki return me t.d.s. ko claim karni chahiye and rent income 2008-09 ki return me show karni chahiye....whether i m right or wrong...plzzz xplain and thanx in advance////

06 July 2010 TDS should be shown in the return for the year 2007-08, but the claim shall be deferred to the year 2008-09.

06 July 2010 Income should be shown in F. Y. 2008 - 09 and TDS should be calimed in that year itself.

Read Circular : No. 5/2001, dated 2-3-2001.




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