Claim of tds in a year

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..... We are doing advertising agency business(hoarding) ,we follow the accounting standards and thus advertising contracts ( Invoices)which extend beyond the financial year are bifurcated and those which r .....

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..... elate to the concerned year are recognised as 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 yea .....

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..... r itself. Is it advisable to claim the whole TDS 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 - .....

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..... The Reply = Generally, tds is linking with the income booked in the accounts. Therefore, the proportinate part of tds is to be claimed where the revenue is booked in more than two year. - Claim of tds .....

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..... in a year - Query Started By: - A Dvivedi Dated:- 6-10-2007 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I .....

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..... ndia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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