https://www.taxtmi.com/forum/issue?id=119870 TDS is deductible when liability crystallises-typically on credit or payment; a belated invoice received in a later year should be the year of deduction and reporting. Where TDS is deducted later than the year in which income was offered, the deductee may file the statutory online transfer request (Form 71) to shift credit to the earlier year, or seek manual adjustment/rectification from the tax administration if the online remedy fails; if income was not offered earlier, the deductee should offer it and claim credit in the current year. en-us Tue, 15 Apr 2025 10:14:10 +0530 Tue, 29 Apr 2025 16:09:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119870 TDS is deductible when liability crystallises-typically on credit or payment; a belated invoice received in a later year should be the year of deduction and reporting. Where TDS is deducted later than the year in which income was offered, the deductee may file the statutory online transfer request (Form 71) to shift credit to the earlier year, or seek manual adjustment/rectification from the tax administration if the online remedy fails; if income was not offered earlier, the deductee should offer it and claim credit in the current year. Discussion-Forum Income Tax Tue, 15 Apr 2025 10:14:10 +0530 https://www.taxtmi.com/forum/issue?id=119870