Refund

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2014 Dear Sir,

Kya hum A.Y. 2013-14 KA ITC NEXT YEAR MAI C/F KAR SAKTE HAI YA ISKA REFUND LE SAKTE HAI.

Thanks,

Lal babu das

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 March 2014 No. Whatever income you offer to tax in a particular year, corresponding tax credit should be offered in the return. Only where a particular income is offered to tax in subsequent period but tax on it has already been deducted, such tax credit can be used in that subsequent period

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