INCOME UNDER POCM METHOD
This query is : Resolved
SUNIL KAMAT
(Querist)
18 May 2022
We had filed return showing income under POCM method but claimed entire TDS deducted by parties who had given advance for booking of flats. Now received message from ITD stating that Return is defective. Please guide what to do ?
CA R SEETHARAMAN
(Expert)
18 May 2022
TDS should have been carried over to next year, the portion related to income not shown in ITR.
Any how reply to IT department the facts.
Any how reply to IT department the facts.
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