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Transfer of tds and advance rent to next financial year


19 June 2017 I have rented a flat and I have received 6 moths rent as advance towards security deposit and received rent for 11 months. ( Rented from May) . During next financial year I shall receive rent for 7 months only as rent for remaining period will get adjusted from advance . Company has deducted TDS. Thus there is disproportionate Income & TDS deductions. Question is Can I show 11 months rent & TDS for this FY & Transfer Rent Income & corresponding TDS to next year? Is this acceptable.
2. I have received part consultancy income FY 16-17 & balance in FY 17-18 . The company however deducted total TDS during FY 16-17. Can I balance this out i.e. Transfer corresponding TDS to 17-18.
Thanks
JCR

19 June 2017 Yes you can transfer in both case. Fill details in TDS transferred to next year.


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