08 September 2009
In my current assignment, company book the TDS on Receipts at the time of receipt of payment. If bill has been booked in the previous year and I m receiving payment in the current year then debtor must hav booked the TDS at the time of receipt of bill (i.e. in the previous yr. ) . So can i take credit of the same in the current yr. of TDS deducted.
08 September 2009
you will get the credit on the basis of your accounts so ifyou are bookign entry in current year yiou wil get6 it in the current year itself
CAclubindia
