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26AS form shows TDS deducted for Invoices raised Next Year due to Clients Provisional Expenses

Donati (Self occupation) (81 Points)

19 July 2022

My Client had created provisions for P.O provided at the end of Mar 2022. The invoices for those P.Os was issued in April 2022 and the same was uploaded in GST portal for the month of April 2022. Payments for those invoices were received after the Invoices were issued.

The client had, however deducted TDS for those invoices raised in April 2022 as per the provisions created by them for FY21-22 and the same is reflecting in my FORM 26 AS for FY 21-22.
Now the question is in which FY will those invoice issued in April 2022 belong to. Can TDS be utilized in FY21-22 since it was shown in Form 26AS. Or can it be carried forward to next yr.

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160484 Points)
Replied 19 July 2022

Carry it forward to next year.

Donati (Self occupation) (81 Points)
Replied 20 July 2022

Thanks Sir. I'll carry forward the TDS pertaining to the Invoices raised in April 2022 to FY22-23.
I assume that even the Invoices raised in April 2022 will remain a part of FY22-23's turnover.
And that I should not go by entries made by Client in the Form 26AS. They had made provisions based on P.Os issued at March End of FY 21-22.

Donati (Self occupation) (81 Points)
Replied 20 July 2022

If I carry forward the TDS to next year, then there would be difference in amount as shown in 26AS and ITR form.
So, if there is a mis-match in 26AS and ITR form, will I receive Notice from IT dept asking to explain the difference.
Is there a method to explain the same in the ITR form, as to why that amount has been deducted from the TDS.

Or can I just use the entire TDS (as shown in 26AS) this year and not claim them in the next year.