Credit of TDS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Credit of TDS
Query (Issue) Started By: - GOPAL HARLALKA Dated:- 17-3-2015 Last Reply Date:- 21-3-2015 Income Tax
Got 1 Reply
Income Tax
(A company has deducted T.D.S. for ₹ 150000/ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -on advance payment on ₹ 75,00,000/- in Feb.2011 (A.Y. 2011-12) Assessee has not claimed T.D.S. in assessment year 2011-12 because income has not accrued in asseissment year 11-12. Assessee has .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... claimed T.D.S. in assessment 12-13. Now A.O. is not giving credit of T.D.S. in assessment 12-13 because in form 26AS T.D.S. is not reflected. My query is how T.D.S. can be claimed in assessment year 1 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2-13, CA GOPAL HARLALKA ( Reply By CA Parveen Gambhir: The Reply: It seems the tax return was filed manually. In e-filing utility there is a columm, where one can mention the year in which he/she .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... intends to claim the TDS benefit for a particular credit. If, the relevant amount of income was declared in the A. Y. 2012-13 with corresponding TDS. The AO is duty bound to give credit for the TDS if .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he is assessing the income in the AY 2012-13 otherwise can file appeal or an application u/s 154.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X