Tds refund
This query is : Resolved
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.
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.
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.
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.
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
it cannot be adjuted in future years as it cannot be carried forward
15 July 2015
Please seek 'revision' u/s 264 after getting 143(1) intimation.
TDS of an year can't be carried forward to next year.
TDS of an year can't be carried forward to next year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Royalty payments to the Mining Department for procurement of murum - GST input
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Capital gains in IT returns
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
