Claim of tds of previous year

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Anurag (Querist)
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02 June 2016 Can i claim TDS of last year which is shown as debtor in last year audited balance sheet and which is deposited by deductor in this financial year?
What is the process for claiming this TDS

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Ganeshbabu K

Ganeshbabu K (Expert)
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02 June 2016 You need to revise tds return of relevant assessment year in case of revision in tds credit in your form 26AS

Anurag

Anurag (Querist)
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02 June 2016 But in Signed Audited Balance Sheet TDS is not shown and shown as debtor balance.
Whether this TDS can be claimed in this Financial Year?

Ganeshbabu K

Ganeshbabu K (Expert)
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02 June 2016 same has to be rectified accordingly in next year.

claiming tds credit in income tax return and books of accounts has no relevance, if you have credit in form 26as incometax dept will allow the same