TDS Applicable on prier period expenses or not ?, Income Tax

[vikram singh]

Dear Expert,

kindly guide, that TDS can be deducted on prier period exp (expense booked in current period but it is related to previous year) or not. (if yes, why?)

Rgd

vikram

Posts / Replies

[Ganeshan Kalyani]

Expenses accounted or payment made which ever is earlier TDS is deductible. Hence prior period expenses booked in current month, TDS is deductible in current month. Thanks.