TDS
This query is : Resolved
06 March 2010
Sir,
When tds shouid be deducted, if bill is raised in march-9 & payment recd. in april-9 ?
Thanks.
When tds shouid be deducted, if bill is raised in march-9 & payment recd. in april-9 ?
Thanks.
07 March 2010
As TDS concern Amount credited or Payment received which ever is earlier so in your case March-09
As TDS concern Amount credited or Payment received which ever is earlier so in your case March-09
07 March 2010
agree with Mr. Ramesh. but in your case if you issue the bill in Mar and recd payment in April then you have to see when party credited the amount if they booked bill in apr then they will deduct TDS in April also. but if you got the bill in march and booked in March and pay in April then TDS will be deducted in March
09 March 2010
Thanks Mr.Ramesh & Mr.Prashant for your reply.I hope such response in future also.
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