Tds in income tax return

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venkatachala (Querist)
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30 July 2013 I am receiving rental income, party has deducted TDS, but E-TDS returns not yet filed. I have TDS amount deposit challan. Can I claim in my ITR before the amount is reflecting in my Form 26AS?

Deductor will file the E-TDS returns in a week and it will be updated within a week in my Form 26AS..

Thanks in advance.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 July 2013 No issues you can go ahead and claim the actual amount of TDS deducted from you.

venkatachala

venkatachala (Querist)
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30 July 2013 if you have any clarification from the Department, provide me.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 July 2013 Strict guidelines issued to end Dept’s TDS credit & refund adjustment harassment

In a recent development pursuant to the judgement of the Delhi High Court in Court on Its Own Motion vs. UOI 352 ITR 273, the CBDT has issued Instruction No. 5/2013 F.No.275/03/2013-IT(B), dated 8.07.2013 stating that when an assessee approaches the AO with requisite details and particulars in the form of TDS certificate as evidence against any mismatched amount, the AO will grant credit of TDS to the assessee after ascertaining whether the deductor has made payment of the TDS to the Government.

Read more at:
https://www.caclubindia.com/forum/cbdt-directive-on-grant-of-tds-credit-in-mismatched-cases-258273.asp

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