Tds credit

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 September 2013 TDS has been deducted for FY 2010-11. But we did not take such credit in FY 2010-11 and took such credit in FY 2011-12.
Department issued intimation U/s 143(1) and a liability of such credit was shown by the department.
What can be done to take such credit?

02 September 2013 it is very harmful if you don't know how to take credit by rules or act. yes dept. is right. tax credit for F.Y. 2010-11 could not take in F.Y.2011-12. you have to pay that raised demands.

for F.Y. 2010-11 less claimed tax credit you have to contact your A.O for resolve.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 September 2013 In case i have TDS credit of FY 2011-12, can i adjust such....?

02 September 2013 you can adjust TDS credit of F.Y. 2011-12 with F.Y. 2011-2012 tax liability and excess amount will be payable and you have to pay as per demand raised.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

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

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details