Claim of tds remained to be disclosed in return of income
This query is : Resolved
28 May 2012
The assessee has filled Return of Income on or before due date.The Income on which TDS was deducted was disclosed ,however Tds credit was remained to be claimed in the Return of income.What is the course of action:-
A)Only letter of Rectification for requesting to give the credit of TDS is sufficient or
B)To Revise the Return,if yes then under what section?
Thanks and regards,
Darshil
A)Only letter of Rectification for requesting to give the credit of TDS is sufficient or
B)To Revise the Return,if yes then under what section?
Thanks and regards,
Darshil
28 May 2012
You will have to revise the return u/s 139(5).
Rectification is not possible because claiming TDS which was not claimed earlier amounts to fresh claims which is not allowed u/s 154.
So, you will have to file a revised return.
Rectification is not possible because claiming TDS which was not claimed earlier amounts to fresh claims which is not allowed u/s 154.
So, you will have to file a revised return.
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