https://www.taxtmi.com/forum/issue?id=116823 A taxpayer recognised income on the mercantile basis in the prior year though no TDS was deducted then; the payer deducted TDS in the succeeding year, creating a timing difference between income recognition and withholding as reflected in Form 26AS, raising the question how to treat the receipt in the succeeding year for income tax reporting and reconciliation with Form 26AS. en-us Sat, 31 Oct 2020 11:40:04 +0530 Thu, 23 Jan 2025 15:54:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116823 A taxpayer recognised income on the mercantile basis in the prior year though no TDS was deducted then; the payer deducted TDS in the succeeding year, creating a timing difference between income recognition and withholding as reflected in Form 26AS, raising the question how to treat the receipt in the succeeding year for income tax reporting and reconciliation with Form 26AS. Discussion-Forum Income Tax Sat, 31 Oct 2020 11:40:04 +0530 https://www.taxtmi.com/forum/issue?id=116823