amendment in sec 40(a)(ia) - TDS Ded'n
This query is : Resolved
22 March 2010
Dear Sirs,
Change in Sec. 40(a)(ia) of it act. TDS Ded'n applicable wef 1/4/2010
So, my question is :
If i had not deposited tds deducted for the month of Feb. 2010, up to 31st March but we will paid up to date of 30th Sep. then this expenses allowed to me on previous year ie A.Y. 2010-11, because of above amendment.
It's urgent pls reply fast ..............thanks
Change in Sec. 40(a)(ia) of it act. TDS Ded'n applicable wef 1/4/2010
So, my question is :
If i had not deposited tds deducted for the month of Feb. 2010, up to 31st March but we will paid up to date of 30th Sep. then this expenses allowed to me on previous year ie A.Y. 2010-11, because of above amendment.
It's urgent pls reply fast ..............thanks
22 March 2010
yes ur interpretation is correct.
It will be allowable in A. Y. 2009 - 10 itself if paid before 30.09.2010
It will be allowable in A. Y. 2009 - 10 itself if paid before 30.09.2010
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