Tds refund

This query is : Resolved

ARTHI (Querist)
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13 July 2015 Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Individual Assessee belatedly filed ITR for AY 2014-15. He now discovers the omission in his ITR for TDS amount Rs.45000/-.

Query

Please advise the appropriate method for the Assessee to claim refund of TDS amount Rs.45K.

Your reply, please..............

Please also advise, whether the Assessee can simply brought forward the TDS amount Rs.45K to AY 2015-16, though he did not make TDS entries for Rs.45K in TDS Schedule in belated ITR for carry forward.

Thanks in advance for possible replies from all concerned.

CMA Gul S

CMA Gul S (Expert)
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13 July 2015 Hi Arthi -

you cannot adjust the TDS amount in next FY year.

You can file a revised return but be sure that the TDS certificate is all complete and have all the needed details Or it will be rejected with a interest.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 July 2015 since itr was filed belatedly it cannot be revised now...you can inform the ito with a letter for same requesting to grant the tds.

it cannot be adjuted in future years as it cannot be carried forward