TDS

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2011 Part of TDS was not claimed. and it is immaterial hence revised return cannot be done so now what to do that tds balance

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

11 June 2011 Debit the amount to Capital Account and feel free by assuming that you have paid something to the Govt.

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2011 if it is a company

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

27 July 2025 Regarding your query on **unclaimed TDS balance and revised return**:

* If part of TDS was not claimed in your Income Tax Return and the revised return period is over (i.e., you cannot file a revised return), the **unclaimed TDS essentially remains unadjusted in your return**.
* **You cannot carry forward or claim that TDS directly in a future return** unless you file a revised return for that year.

### What to do now?

1. **If you are a company (or any assessee):**
The suggestion to **debit the unclaimed TDS amount to Capital Account** or an appropriate ledger is an **accounting entry** that some companies use to reconcile their books. This is not a tax claim but an accounting treatment to balance the books assuming the tax is 'paid' to the government.

2. **For tax refund/credit purpose:**
The only legal way to claim unclaimed TDS credit is by **filing a revised return** for that assessment year within the prescribed time limit.

3. **Alternative:**

* Check Form 26AS and reconcile TDS claimed.
* If a genuine mistake has occurred, and the revised return window is over, you may approach the Assessing Officer (AO) to consider your claim during assessment proceedings, but this is at the discretion of the tax officer.

### Summary:

* Without revising the return, TDS unclaimed cannot be claimed.
* Accounting treatment (like debiting capital account) is a book-entry, not a tax remedy.
* For companies, accurate reconciliation and compliance is crucial.

Would you like me to help you draft a letter or approach to AO for this?

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