01 November 2009
One of our client has credited the account towards expenses in December 08, but deposited TDS in the month of October 09. Is it possible for him to claim the deduction towards expenses in his accounts during the financial year 2008 -09
02 November 2009
For claiming the expense in the financial year 2008-09 you should have paid the amount at least by march 09. So you can claim the expenditure only in AY 20010-11