Claim of tds in a year
X X X X Extracts X X X X
X X X X Extracts X X X X
....laim of tds in a year<br> Query (Issue) Started By: - A Dvivedi Dated:- 6-10-2007 Last Reply Date:- 24-11-2007 Income Tax<br>Got 1 Reply<br>Income Tax<br>We are doing advertising agency business(hoard....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ing) ,we follow the accounting standards and thus advertising contracts ( Invoices)which extend beyond the financial year are bifurcated and those which relate to the concerned year are recognised as ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....income . But the TDS certificates received are usually for the whole amount and we were claiming the TDS amount as shown in the certificate fully in a year itself. Is it advisable to claim the whole T....
X X X X Extracts X X X X
X X X X Extracts X X X X
....DS amount in a year itself? (Please advise considering the new ITR- (for eg. scheduleTDS2 column 7 ,page no 20 of ITR -4).) Reply By Surender Gupta: The Reply: Generally, tds is linking with the inco....
X X X X Extracts X X X X
X X X X Extracts X X X X
....me booked in the accounts. Therefore, the proportinate part of tds is to be claimed where the revenue is booked in more than two year.<br> Discussion Forum - Knowledge Sharing ....