https://www.taxtmi.com/forum/issue?id=702 A taxpayer received a gift cheque related to agency business with TDS deducted though the cheque was not yet received; the adviser advises that TDS credit is available in the year in which the taxpayer offers the related income as chargeable to tax, so taxation and credit follow the year of offering the income for tax purposes. en-us Thu, 20 Mar 2008 12:55:17 +0530 Thu, 23 Jan 2025 15:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=702 A taxpayer received a gift cheque related to agency business with TDS deducted though the cheque was not yet received; the adviser advises that TDS credit is available in the year in which the taxpayer offers the related income as chargeable to tax, so taxation and credit follow the year of offering the income for tax purposes. Discussion-Forum Income Tax Thu, 20 Mar 2008 12:55:17 +0530 https://www.taxtmi.com/forum/issue?id=702