27 February 2010
TDS OF F.Y.05-06 CLAIMED IN F.Y.06-07 AND INCOME ON WHICH TDS DEDUCTED SHOWN IN F.Y.05-06 BECAUSE FORM 16A ISSUED BY THE DEDUCTOR IN F.Y.06-07 . ASSESING OFFICER REFUSED THE TDS CLAIM.PLEASE ADVICE
27 February 2010
Yes, the Assessing officer was right in disallowing the claim of TDS. As the TDS claimed in an AY should only pertain to the Income returned for that AY.
However u should have revised the return for FY 05-06 on getting an additional TDS certificate in the FY 2006-07.
In your case u could have filed the Revised return for AY 2006-07 upto 31st mar 08 or completion of Assessment whichever is earlier. Since the time period has expired u can't revise the return now.
This is my opinion let us see wt others have to say.
CAclubindia
