Senthilraja (Chartered Accountant) (57 Points)
18 January 2011Partnership firm has carried out a work during the financial year 2009-10(AY 2010-11).But billed during early 2010-2011. Payments received during the year 2010-2011 but TDS certificate 16A issued by the parties clearly shows payments relate to FY 2009-10. Firm follows Mercantile basis. Return filed with out taking Into account these two bills. Whether revised return be filed taking into account the above two bills?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 18 January 2011
check your invoicing system, on strength of which document party can claim the job of previous year, when the invoice is generated and submitted in current year?, put the details here to discuss further
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
