we have received the Job work Bills between 01/04/08 to 29/02/2009 against the same we have deducted the TDS but we have paid as on 09/04/2009 (instead of on or before 31.03.2009 same previous year)
according to our C.A, U/s200 the above job work bills will be disallowed in the FY 2008-2009 and will be allowed in the current year 2009-2010 is it correct or not
as per the Section 40 (a) (ia) we understood that if we have deducted in the previous year (i.e. financial Year 2008-2009) and we have depostited before due date of filling income tax return (i.e. 30.09.2009) the above jobwork expenses should be allowed for financial year 2008-2009
request you to guied us on the matter
according to our C.A, U/s200 the above job work bills will be disallowed in the FY 2008-2009 and will be allowed in the current year 2009-2010 is it correct or not
as per the Section 40 (a) (ia) we understood that if we have deducted in the previous year (i.e. financial Year 2008-2009) and we have depostited before due date of filling income tax return (i.e. 30.09.2009) the above jobwork expenses should be allowed for financial year 2008-2009
request you to guied us on the matter
CAclubindia
