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Tax implication, Income Tax |
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Tax implication |
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I got a gift cheque from my agency business and tds was 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. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
It is general understanding that the credit of TDS is available in the year in which you offer the related income chargeable to tax.
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