Cash basis of income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2013 Assessee has accounted income on cash basis cheque received on 15/07/2013 for A.Y. 2014-15. Deductor being a company has deducted TDS on accrual basis and has deducted TDS for A.Y. 2013-14. How is TDS to be claimed in A.Y. 2014-2015.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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24 July 2013 Please refer Schedule TDS2 . In AY 2013-14 you have to claim 0 TDS claimed by mentioning FY 2012-13.
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In A Y 2014-15 show again the same particulars and claim the desired balance amount of TDS out of Total Tax Deducted.

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