I forgot to enter the tds details in Belated return...but belated return can't be revised. so what are the remedies available to me for entering correct details of tds???
Please clarify this to me
Manikanth (Chartered Accountant) (342 Points)
21 November 2012I forgot to enter the tds details in Belated return...but belated return can't be revised. so what are the remedies available to me for entering correct details of tds???
Please clarify this to me
CA Vanamala Phani Kumar
(Proprietor of M/s Vanamala and Co)
(972 Points)
Replied 21 November 2012
Make Rectification U/s 154 after receiving 143(1) Notice.
CA. Subhash Dangi
(Chartered Accountant)
(1784 Points)
Replied 21 November 2012
Technically there is no option to rectify.
You can make an application to your Assessing Officer in writing about the mistake with supporting documents or proofs.
Ignore the mistake and wait for assessment and then go for rectification. AO may consider tax credits based on Form 26AS which is linked to PAN on his own.
krishna
(M.Com)
(44 Points)
Replied 22 November 2012
You can claim that TDS in the next years return.....You just have to write year of deduction in current years return ...they will accept previous years TDS as you haven't claimed it before
Regards,
KRISHNA ASHARA
CAclubindia
