I have received a consulting income from a CPSU for work performed in FY 2021-22, during April and June 2022.
Although my invoice was raised in April 2022, and paid also in two parts in April and June 2022, the Form 16A for Q4 FY 21-22 generated in June 2022 shows that amount is paid/credited as on 31.03.2022, and TDS is also deducted in FY 2021-22, the accounting is in order, and revision is not possible.
What is the correct position as per IT rules?
If the invoice is raised in April then Tds should be covered in Q1 of 2022-23 FY and not in Q4 of2021-22 FY.
They might have considered in provisional basis and you may get the details from them
CAclubindia
