REGARDING FORM 71 OF INCOME TAX


This query is : Resolved 

Quick Summary
This discussion explores whether TDS under Section 194N, not initially declared for FY 2022-23, can be claimed by filing Form 71 online. While filing Form 71 is suggested, the possibility of claiming this specific TDS section is uncertain. Filing a revised return is also mentioned as a more advisable option, with the deadline for FY 2023-24 (AY 2024-25) being 31st December 2024.

08 August 2024 If TDS was not shown u/s 194N at the time of return of F.Y.2023-24
Can such TDS be claimed by filing Form 71 online?

08 August 2024 Filing revised return would be more advisable.

08 August 2024 Can you give reasons for that?
And what is revised return due date has passed?

08 August 2024 For FY 2023-24, i.e AY 2024-25, revised return can be filed till 31.12.2024.

08 August 2024 Sorry But it was of F.Y.2022-23

08 August 2024 Yes, then file form 71.

08 August 2024 Can you guide us what details is to be entered in such form?

08 August 2024 Refer: https://eztax.in/how-to-submit-form71

08 August 2024 Whether TDS u/s 194N is eligible in FORM 71 as there is no income to be booked in previous financial year?

08 August 2024 No experience on particular TDS section. It should be available.


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