Tax implication

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....ax implication<br> Query (Issue) Started By: - sreenadh Dated:- 20-3-2008 Last Reply Date:- 21-3-2008 Income Tax<br>Got 1 Reply<br>Income Tax<br>I got a gift cheque from my agency business and tds was....

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.... also deducted.But till now cheque is not recieved. what will be the tax implications if i receive the cheque and deposit it in April. For which AY it will be taxed. Reply By Surender Gupta: The Repl....

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....y: It is general understanding that the credit of TDS is available in the year in which you offer the related income chargeable to tax.<br> Discussion Forum - Knowledge Sharing ....