How to claim tds in same fy??

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CA Harish Singh (Querist)
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21 September 2014 Many clients are paying service tax on the basis of amount received and they are booking income in that FY in which they received income. But they are unable to claim tds due to non disclosure of income. for example, 26 AS is reflecting income and tds in fy -13-14 but they are paying service tax in next fy 14-15 and booking income in fy -14-15 on the basis of payment received. my question is that can they claim tds in fy 13-14 ??

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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21 September 2014 From this years return you have the option to carry forward the TDS Income for which will be offered in next year. So you can carry forward the TDS and claim it i the year in which you recognize the Income and offer the income for tax.

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