One of our client has deducted TDS from several payments during FY 2010-11. A part of TDS deducted is paid on or before 31st March 2011. Balance is paid on or before the date of filing the return(say September 30, 2011). the TDS paid after March 31, 2011 relates to not only provisions made on 31st March, 2011, but also some deductions made during the Financial Year.
Please clarify whether tds deducted during the financial year 2010-11 and paid on or before filing the income tax return i.e. (before 30th Sep 2011) is allowable for tax computation.
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