Income tax and TDS Deduction in different years

Quick Summary
This discussion addresses a common tax issue where income was declared in one financial year (2019-20) but the corresponding TDS was accounted for in a later year (2020-21). The tax department disallowed the TDS deduction, leading to a demand for tax. Experts suggest the assessee's accounting method (cash vs. accrual) and the year TDS appears in Form 26AS are crucial. Rectifying previous tax returns or ensuring TDS is claimed in the correct year as per 26AS are potential solutions.

Originally posted by : CA Rashmi Gandhi
Stil you can claim it 

how

Originally posted by : Saurabh Anokhchand Jain
Please confirm, whether the assess have carried forward the TDS while filing the Tax Return of 2019-20?. 

no he has not carried foward it.

You have to mention correct assessment year while claimining such TDS

@ Priyanka,

If Tds is not carried forward then you must go as per 26AS.

May I know in which year Tds is appearing in 26AS for 50000/- income ?
First you hv to ascertain
1. in which year you hv income and in which year you will be deducting tds from income.
2. first the tds should be deducted in the same year in which year there is income otherwise not.
3. if there is anamoly.,adjustment must be made.
Income tax dept has made few additions in tds schedule , you may use it in future if required.

Brought forward/ carry forward of tds

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details