TDS
This query is : Resolved
CA. Praveen Narayan
(Querist)
11 September 2010
Hi.. can any1 help in ths issue???
Can i disclose my net income if I`m / I cannot claim Tax deducted at source from my gross income???
Eg:- gross income - Rs.100,000
tds - Rs. 1,000
Since TAN is not provided by the deductor, I`m not able to claim TDS.. Can I disclose Rs. 99,000 as my income instead of Rs.100,000???
Can i disclose my net income if I`m / I cannot claim Tax deducted at source from my gross income???
Eg:- gross income - Rs.100,000
tds - Rs. 1,000
Since TAN is not provided by the deductor, I`m not able to claim TDS.. Can I disclose Rs. 99,000 as my income instead of Rs.100,000???
11 September 2010
Ask the deductor to give either TDS certificate or refund the TDS deducted.
Otherwise you can treat the Net Receipt as your income.
Otherwise you can treat the Net Receipt as your income.
Message likes :
1 times
CMA Ramesh Krishnan
(Expert)
11 September 2010
No . Actual Gross income need to be disclose in Return, ask the Deductor to provide the TAN and claim the TDS
Message likes :
1 times
CA. Praveen Narayan
(Querist)
14 September 2010
Thank you Ramesh.. Take care..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
