FORGOT TO BOOK INTEREST OF FD, PLEASE HELP
This query is : Resolved
31 August 2010
IN ONE OF OUR CLIENT'S(COMPANY) BOOK OF ASSESSMENT YEAR 2009-10
THE COMPANY HAD 3 FD'S IN SBI, AT THE TIME OF FINALISATION OF BOOKS " WE WERE NOT IN POSSESSION OF TDS CERTIFICATE"
WE HAVE CHARGED "LESS INTEREST TO PROFIT & LOSS A/C." AS COMPARED TO TDS CERTIFICATE AND "FORGOT TO CLAIM TDS OF THE SAME"
PROBLEM: -
AS THE ACCOUNTS ARE AUDITED, WHAT SHOULD WE DO TO RECTIFY THE ERROR
THE COMPANY HAD 3 FD'S IN SBI, AT THE TIME OF FINALISATION OF BOOKS " WE WERE NOT IN POSSESSION OF TDS CERTIFICATE"
WE HAVE CHARGED "LESS INTEREST TO PROFIT & LOSS A/C." AS COMPARED TO TDS CERTIFICATE AND "FORGOT TO CLAIM TDS OF THE SAME"
PROBLEM: -
AS THE ACCOUNTS ARE AUDITED, WHAT SHOULD WE DO TO RECTIFY THE ERROR
31 August 2010
1 I think u can file a revised return relating to the assessment year to claim the TDS
2. Recognize the Income in the A.Y 2010-11.
2. Recognize the Income in the A.Y 2010-11.
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31 August 2010
thanks sir
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