https://www.taxtmi.com/forum/issue?id=3861 The issue is whether TDS on WCT deducted at payment received in a later year should be accounted in the earlier year when invoices were raised under the composite MVAT scheme. The respondent advised that, for accounting purposes, the TDS should be recognised in the earlier year of the invoices; the taxpayer then queried the correct year for reporting the TDS in the VAT return, which remained unresolved in the discussion. en-us Mon, 27 Feb 2012 12:18:30 +0530 Thu, 23 Jan 2025 15:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3861 The issue is whether TDS on WCT deducted at payment received in a later year should be accounted in the earlier year when invoices were raised under the composite MVAT scheme. The respondent advised that, for accounting purposes, the TDS should be recognised in the earlier year of the invoices; the taxpayer then queried the correct year for reporting the TDS in the VAT return, which remained unresolved in the discussion. Discussion-Forum VAT / Sales Tax Mon, 27 Feb 2012 12:18:30 +0530 https://www.taxtmi.com/forum/issue?id=3861