21 November 2014
WHAT IS THE TREATMENT IF TDS RECEIVABLE REMAINS UNUTILIZED IN THE CURRENT YEAR FOR EXAMPLE SAY 2011-12 TDS RECEIVABLE IS 150000 AND IT REMAINED AS OPENING BALANCE IN 2012-13 BECAUSE WE CANNOT UTILIZE IT IN 2012-13 SO IN 2013-14 WHAT WILL BE CORRECT TREATMENT FOR TDS RECEIVABLE 2011-12 OF Rs.150000/-. STILL HAVE TO KEEP IT AS OPENING BALANCE OR CAN I DO IT DIFFERENTLY
22 November 2014
when you file the return of income tax then you get the refund of tax if you have not received the refund then take status of assessment of that particular year.
22 November 2014
TDS receivable 2011-12, TDS receivable 2012-13 and so on.. likewise the account heads are created so as to keep a close track on each year's TDS receivable
22 November 2014
Amol ji That,s it No other option Sir
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 November 2014
If in case of individual IN 2012-13_X HAS TDS RECEIVABLE_Rs.14500/- AND IF THAT X HAS NOT FILED RETURN(HE IS NOT AWARE OF IT). NOW IN 2013-14 CAN WE TAKE IT AS CREDIT AND FILE RETURN OF 2012-13.