Income tax refund

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This query is : Resolved

Gautam K Sudani (Querist)

29 November 2013 Our client is Professional Architect following CASH BASIS METHOD of Accounting, since the INCOME of assesses is taxed in the year of receipt, and proportionately the TDS on the same income is to be claimed by the assesses in the year of receipt of the INCOME only. Therefore the details of TDS claimed and credit shown in 26AS may mismatch.

TDS claimed in AY 2010-11 in Return of Income, is corresponding credit as therein 26AS of AY 2010-11 or its preceding year.

We have submitted many letter in the Income Tax department but they not helping to resolve the matter in giving credit for TDS.

Manish Bhandari

Manish Bhandari (Expert)

29 November 2013 Can you redraft your question could not figure out the situation.
Thanks

Gautam K Sudani

Gautam K Sudani (Querist)

29 November 2013 Particular for AY 2009-10

TDS Claimed in ROI-5,25,847
TDS in 26AS-7,44,968
Extra Credit available in 26AS-2,19,121
Short credit in 26AS-0

Particular for AY 2010-11

TDS Claimed in ROI-5,90,251
TDS in 26AS-4,76,978
Extra Credit available in 26AS-0
Short credit in 26AS-1,13,273

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