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.
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