https://www.taxtmi.com/forum/issue?id=1454 Recognition of contractor income should follow accounting accruals, and TDS credit entitlement aligns with the amount of income actually recognised; the taxpayer may claim TDS credit proportionately for the amount recognised in the year and claim the remaining credit when the balance income is recorded in a subsequent year, with tax return formats permitting declaration of the amount of TDS credit claimed. en-us Sat, 29 Aug 2009 22:09:54 +0530 Thu, 23 Jan 2025 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1454 Recognition of contractor income should follow accounting accruals, and TDS credit entitlement aligns with the amount of income actually recognised; the taxpayer may claim TDS credit proportionately for the amount recognised in the year and claim the remaining credit when the balance income is recorded in a subsequent year, with tax return formats permitting declaration of the amount of TDS credit claimed. Discussion-Forum Income Tax Sat, 29 Aug 2009 22:09:54 +0530 https://www.taxtmi.com/forum/issue?id=1454