Form 26as

This query is : Resolved

RAJA P M (Querist)
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12 January 2017 Dear Experts.,

I have the accounts works from a Proprietorship Firm on July-2016 and finished o August 2016. When I finished the works I ask to him FORM 26AS and Received after few days. At the time I matched the TDS amount (Rs. 97855) to Debtors deducted amounts. After A month We finalize the account under A Chartered Accountant. The same time FORM 26AS Amount Rs. 111,526/-

My Question...
Why this Diffrent...?

CA SAGAR M. AHUJA

CA SAGAR M. AHUJA (Expert)
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12 January 2017 May Some Amount of TDS Late booked by filing revised TDS return by Debtors, that you have to reconcile with respective debtor.
Thanks

RAJA P M

RAJA P M (Querist)
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12 January 2017 Thank You for the reply Sir,

In case we file the ITR on July 31st, how can the TDS amount will reflect in our IT Returns.

CMA MUNIKOTI CHANDRA SEKHAR

CMA MUNIKOTI CHANDRA SEKHAR (Expert)
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13 January 2017 If you file the return before due date and notice there is unclaimed TDS, then you will have to file the revised return to avail the TDS which reflected later.

RAJA P M

RAJA P M (Querist)
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13 January 2017 In case we file after due date...
what can i do

CMA MUNIKOTI CHANDRA SEKHAR

CMA MUNIKOTI CHANDRA SEKHAR (Expert)
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13 January 2017 AS IT IS UNCLAIMED, IT CAN BE AVAILED IN THE NEXT YEAR AS IT APPEARS UNCLAIMED

RAJA P M

RAJA P M (Querist)
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13 January 2017 Thank you Sir.,

Thank You

CA SAGAR M. AHUJA

CA SAGAR M. AHUJA (Expert)
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13 January 2017 As per my view, if u claimed less but when your intimation u/s 143(1) is generated (means your return is processed) that it take the TDS amount full as it is computer instructed and your refund amount will be increased automatically.

Thanks.

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