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TDS on Provisions

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(Querist)
24 April 2009 We are doing provision for Profesional Fees for the F Y 2008-09 as on 31.03.2009.

Yet we have not received the bill.

Whether we are liable to deduct tds on the same?
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
24 April 2009 TDS is deductible at the time of crediting Party account or making advance payment whichever is earlier.
So in your case the TDS is deductible.
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Jayesh Jagetiya

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Jayesh Jagetiya (Querist)
24 April 2009 Please understand , we are making provision only & not crediting to the parties account.

Now applicable or not?
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