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TDS / TCS 836 views 4 replies

Income Offered for Taxation in A.Y.2005-06. Tds certificate for the same received in A.Y.2009-10. Can the assessee take the credit of same in A.Y.2009-10.

If possible support your answer by any circulation, Notification or Case law.

Thanks

Replies (4)

credit of tds can b taken for only 2 years... i m sorry i m not hving any reference of circular.... bt i hv read it somewhare n hv also applied....

Dear Chirag Sir,

 

Refer https://www.caclubindia.com/forum/message_display.asp?group_id=56185.

 

Do let me know if u hav capitalised something from it.

 

Regards

Juzer

Originally posted by :Megha Shah
" credit of tds can b taken for only 2 years... i m sorry i m not hving any reference of circular.... bt i hv read it somewhare n hv also applied.... "


 

Yes, it can be claimed u/s 155(1) (i guess the right one for rectification), only if the TDS certificate is presented to the A.O. within two years of the filing of return.

Originally posted by :Sunali
"


Originally posted by :Megha Shah


"
credit of tds can b taken for only 2 years... i m sorry i m not hving any reference of circular.... bt i hv read it somewhare n hv also applied....
"




 
Yes, it can be claimed u/s 155(1) (i guess the right one for rectification), only if the TDS certificate is presented to the A.O. within two years of the filing of return.
"


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