Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2015 what is the meaning of "deducted year" in ITR-1. if tds is deducted and deposited on 30-03-2014 and also reflected in 26AS of AY 2014-15 then while filing itr , which year should be written(i.e YEAR 2013 or 2014)in DEDUCTED YEAR column while filing tds detail in ITR-1 .
pls reply as soon as possible.

Thanks in advance.......

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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24 January 2015 Subham you can find it out yourself. There is comment given in cell of deducted year. Just put the cursor on cell and it will read "Enter 2012 when TDS made during the Financial Year 2012-13. You can check it from ITR-1 excel utility.

Further deducted year means the Financial Year in which TDS was deducted which in the given case is FY 2013-14 and therefore you need to mention 2013 in deducted year cell.

Hope its crystal clear now.

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