21 February 2017
Sir , now there is a provision in the Online Income Tax Return Filing form, wherein you can actually carry-forward TDS and claim it in the next year.
but my doubt is "can we carry forward this TDS to any number of years? or only to next year" any one plz help me in this regard
because my client is getting TDS more than the actual tax payable at the end of the year.. since from last 8 years
21 February 2017
Dathatreya we can get refund of the excess deduction of TDS but we can't c/f it to the next year. We can carry forward the loss(if any) upto 8 years.
CAclubindia
