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Last Date for payment of TDS for exp. allowance-F.Y. 08-09

This query is : Resolved 

28 September 2010 Given Facts:

1.Income tax dept. has extended the due date of filing income tax return for F.Y. 09-10 as 15th October, 2010, due to hindrances caused due to floods.

2. As per recent amendment, if TDS is deducted during the P.Y. 09-10 and if the same is paid before the due of filing the income tax return (i.e. 30.09.2010), then concerned expenses shall be allowed for P.Y. 09-10.

Question: Is the benefit of extension of due date for filing the income tax return i.e. 15.10.2010, can be given for the purpose of payment of TDS deducted during the P.Y. 09-10 as said in Fact No. 2.?

If a company pays TDS on 14th October 2010, which has been deducted during the P.Y. 2009-10 then, whether concerned expense can be allowed during the P.Y. 2009-10?

29 September 2010 yes



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