banner_ad

Credit of tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 November 2011 Facts:
1)An amount of 10 lacs has been received as Advance Rent, which would be adjusted against Rent receivable over a period of 4-years.
2)This amount of Rent receipt would be claimed as an INCOME over the 4 year period (i.e.2.50 lacs in each year)


Query:
Can Tax deducted (TDS) by the deductor, on the entire 10-lacs in the year of receipt of Rental income be claimed over a period of 4-year i.e. proportionately with the amount of income shown.
Profile Image

Vivek Mehta (CA, DISA,CS, MBA)

Profile Image

Vivek Mehta (CA, DISA,CS, MBA) (Expert)
04 November 2011 Yes the amount of Tax deducted by the deductor can be claimed in proportinate basis over the life of the period of 4 years.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details