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TDS - Date of Challan is Earlier then Date of Payment

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..... TDS - Date of Challan is Earlier then Date of Payment
Query (Issue) Started By: - TANGIRALA SUNDARA KUMAR Dated:- 1-7-2010 Last Reply Date:- 7-7-2010 Income Tax
Got 2 Replies
Income Tax
I .....

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..... have received one Form16A containing Date of Challan which is earlier then Date of Payment. Is it accepted by Department while filling of IT Return or not. Kindly guide me. Reply By ANAND SHEMBEKAR: .....

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..... The Reply: TDS to be paid on payments or amounts credited to the deductees accounts whichever is earlier. In your case if amounts is credited to your account before payments and date of challan is l .....

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..... ater then Income Tax Dept. will accept it. Otherwise you may pray that payments TDS is made by the deductor to govt. and certificate is issued ,so you are rightly entitled to claim the TDS in your re .....

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..... turn ANAND SHEMBEKAR CELL NO 9209904370 Reply By Rama Krishana: The Reply: Yes, in my view, you are eligible for credit of TDS deducted by the deductor.
Discussion Forum - Knowledge Sharing .....

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