How to claim tds of asst. year 2014-15 not claimed in itr?
This query is : Open
Vijay Chaudhary
(Querist)
31 January 2017
Dear Sir,
I have filed IT return of my friend for assessment year 2014-15, but TDS was not claimed fully as the amount was not reflected in Form 26AS at that time. However now he came to know that TDS is greater than what claimed in ITR. Income was fully shown in ITR. Return is processed and refund is also received as per claimed amount in ITR. Now the question is how to claim balance TDS amount which was skipped in IT Return? Return was filed after due date. Please guide.
I have filed IT return of my friend for assessment year 2014-15, but TDS was not claimed fully as the amount was not reflected in Form 26AS at that time. However now he came to know that TDS is greater than what claimed in ITR. Income was fully shown in ITR. Return is processed and refund is also received as per claimed amount in ITR. Now the question is how to claim balance TDS amount which was skipped in IT Return? Return was filed after due date. Please guide.
Kaushik Joshi
(Expert)
01 February 2017
Dear Vijay,
You've two options
1. To rectify return u/s 154 for A.Y. 14-15.
2. Claim the TDS on the next A.Y. while filing the return for A.Y.15-16. Now you can claim carried forward TDS of Last year.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
