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TDS Credit in Online ITR-4

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This query is : Resolved

CA Sanjay Baheti (Querist)
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29 June 2011 My self is practising CA since last 2 Years. During the F.Y.2011-12 I have carried out Statutory Branch Audit of Indian Overseas Bank related to F.Y.2010-11. I got the payment towards Professional Fees in May ,2011 along with TDS certificate realted to F.Y.2010-11. Though I have taken this TDS certificate in My online ITR-4 related to F.Y.2010-11 but claimed in Next F.Y.i.e.2011-12 in which I received my professional Fees based on cash /receipt basis. Now query is whether i can get the TDS credit in F.Y. 2011-12 or not pertaining to Income in which the same is received on cash basis.

Please clarify & revert back if any one Member followed the same practise.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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30 June 2011 It is not right to say that you have claimed the amount in the next FY. You have yet to claim the same.
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It can rightly be said that you have not claimed any amount in the ITR-4 of AY 2011-12 out of the TDS amount shown in the return recently filed by you.
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You will definitely get the claim in the next Assessment Year i.e. AY 2012-13.
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