22 July 2011
IF TDS NOT DEDUCTED (LIABLE TO BE DEDUCTED) DURING THE YEAR(FY 2010-11) BY A PARTNERSHIP BUT DEDUCTED NOW IN JULY AND PAID . WILL THE EXPENDITURE BE ALLOWABLE.
15 September 2011
if you deposit the TDS before the due date of filing the return than the expense will be allowed in f.y. 2010-11. The date of entry is irrelevent. you have to pay interest for the late deposit of TDS and also will have to revise the TDS return of that quarter to which that bill relates.
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