tds carry forward
tusharthorat2015@gmail.com (21 Points)
30 August 2017ard?
tusharthorat2015@gmail.com (21 Points)
30 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(196319 Points)
Replied 30 August 2017
Yes, that option is to be selected while filing ITR
Kiran. S
(CTO)
(745 Points)
Replied 01 September 2017
See CBDT Notification 28/2009 dated 16 march 2009. clause 3(i) and 3(ii)
TDS is allowed to C/F and consumed in the year of receipts pertaining to TDS
This usually happens when deductor's accounting system is Mercantile
and Deductee's accounting system is on cash basis.
see link
https://incometaxindia.gov.in/Communications/Notification/920110000000000727.htm
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
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