TDS ON BILL

[pradip patwardhan]

Dear experts, my query is if we received bill on 02/01/2015 against service received from commission agent but actual date of that bill is 15/09/2014. In this case on which date we have to record the bill and what will be the effect as per audit point of view and for TDS, if we recorded the same on date of receipt of the bill i.e. 02/01/2015 pls clarify..

Regds,

Pradip

AI Summary

TDS on bill timing: whether invoice date or receipt date determines recording and audit and tax deduction consequences.
Query asks whether a service bill that bears an earlier invoice date but was received later should be recorded by the taxpayer on the invoice date or on the receipt date, and what the implications are for TDS compliance and audit scrutiny if recorded on the date of receipt.