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TDS Deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 June 2011 Credit or Payable,whichever is earlier tds shall be deducted?

But in construction company bill come from site after 15-20 days latter of bill date.......then on what date it is recorded & when tds is deducted?

24 June 2011 You should deduct TDS on which date actualy received, not on the basis of bill date.


But in the month of March, should deduct TDS for expenses, if it is pertaining to last finacial year.



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