banner_ad

Tds credit

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 April 2013 Dear Sir,

An assess had filed return for the financial year 2010-11 by showing a rental income of Rs.11,00,000/- and TDS of Rs.1,10,000/-. But in 26AS the tds credit is reflected in the Financial Year 2011-12. Now a notice received from income tax department to pay tax of Rs.1,10,000/- for the f.y.2010-11.
Is it possible to claim the TDS amount of Rs.1,10,000/- to F.Y.2011-12 & also pay the Demand amount by Challan?
Profile Image

CA Prashant Shrivastava

Profile Image

CA Prashant Shrivastava (Expert)
17 April 2013 The income & TDS on said income should be offer for tax in same period. It seems that your deductor has not filed TDS return properly due to which your credit does not reflect in 26AS.

Further it seems that the deductor surely had provided you TDS certificate for the year 2010-11 and not for 2011-12.

AS such it will be prudent to approach your deductor and request him to file TDS correction return so that the credit can be reflected in your 26AS.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details