Tds credit?
This query is : Resolved
22 February 2013
Hi,
TDS has been Dedcuted for the FY 2011-12 but Not taken into account as certificate was not avilable
Can the same be taken into account and taking tax credit the the FY 2012-13 ?
Hi,
TDS has been Dedcuted for the FY 2011-12 but Not taken into account as certificate was not avilable
Can the same be taken into account and taking tax credit the the FY 2012-13 ?
23 February 2013
The credit of the tax must be reflecting in 26AS if the deductor has correctly deposited & filed the TDS retun. So if you have not claimed it, the return should be revised. Credit for a year in case of TDS cannot be carried forward to next year.
23 February 2013
Hi,
1. Same is Refelected in 26AS
2. TDS has been deducted in the FY 2011-12 But Payment (Principal + intt) was received during the current FY, TDS benefit can be taken ?
1. Same is Refelected in 26AS
2. TDS has been deducted in the FY 2011-12 But Payment (Principal + intt) was received during the current FY, TDS benefit can be taken ?
23 February 2013
HI
No, you can not claim. To claim you have to revised previous year return.
Thanks!!
No, you can not claim. To claim you have to revised previous year return.
Thanks!!
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
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Journal entry of busniess expenses
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- RATE AND HSN CODE
- TDS AND ITR ISSUE
- GST Rate for Catering Services
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
