CA Day Offer: Get 10% OFF on CAclubindia Pro 1-Yr & 2-Yr Plans. Subscribe Now!

Tds c/f in ay 2015-16 and b/f in ay 2016-17 not considered by cpc bangalore

343 views 7 replies

S. Shiroor

Others

1212 Points Posted on 10 July 2018

My method of acconting is cash and my clients's accounting method is mercantile.

Since my method is on receipt basis only that TDS is claimed for which i received fees in my bank account. Rest of the TDS is carried forward and same is claimed in next year.

Service tax is also exactly matched. But CPC bangalore is ignoring my TDS which is carried over from previous years and brought forward . They are taking only those TDS which appears in that AY.

My question is whether I should rectify the AY 2015-16 taking full TDS instead of carrying forward. Whether it will allowed. In original return it is duly carried forward

87k claimed and 32K C/F to AY 2016-17 in original return of AY 2015-16

Now whether in rectification full 119k can be claimed.

Replies (7)

S. Shiroor

Others

1212 Points Posted on 17 July 2018

Any answers for this.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

211826 Points Posted on 17 July 2018

When you had filed return for AY 2015-16 with c/f of balance TDS..... why CPC do not consider to b/f the same in AY 2016-17? Whether the income (corresponding to the TDS) was offered to tax in AY 2016-17?

S. Shiroor

Others

1212 Points Posted on 17 July 2018

Yes the income was offered for tax.

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

211826 Points Posted on 17 July 2018

If the income offered to tax with corresponding TDS, than TDS should be considered, file rectification u/s. 154 for AY 2016-17.. explaining the fact, and demand refund for the b/f. TDS......