23 November 2010
IF A PERSON ACCRUES Rs. 20,000 YEARLY INTEREST AND Rs. 2,000 IS DEDUCTED EVERY AS TDS AND HE WANTS TO SHOW Rs. 1,00,000 AS INTEREST INCOME AT THE END OF 5TH YEAR ON CASH BASIS. IS IT POSSIBLE FOR HIM TO CLAIM COMPLETE TDS OF Rs. 10000(2000*5) IN THE RETURN IN WHICH HE IS SHOWING INTERSST INCOME OF 1,00,000. TDS CERTIFICATES ARE ISSUED YEARLY BY THE DEDUCTOR
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