TDS

This query is : Resolved

alisha (Querist)
Follow

23 September 2009 In financial year 2008-09 (assessment year 2009-10), TDS was to be deducted on rent...

In actuality, TDS was deducted but it was not deposited..

Though, it is deposited now (along with interest) uptil the due date of filing of retrn.

Can this amt. of TDS and the expense be claimed now?

kunal jain

kunal jain (Expert)
Follow

04 October 2009 Your query is not clear.
Whether rent was related to period From April to Feb or March 09.
If that relates to Period from April to Feb , then the expenses will be allowed in the AY 2010-11.
But if that paymemt relates to period March 09, then , the expenses will be allowable in the AY 2009-10, itself.