TDS CREDIT - PLS CLARIFY.

686 views 3 replies

These days, dept. sends at the mail address of the asssessees, an Annual Tax statement which shows the amount of Tax lying with the dept. in the form of TDS for the relevant yr and only the same can be claimed as credit by the asseessee in the return.

 

My query is as follows:The employer has deducted the TDS for P.Y. 08-09 two times during the year, first in the month of April 08 and second in the month of March 09...

But the Annaul tax statement shows only the TDS as deducted in the month of April 08 and not the latter (i.e. March09)....

Pls clarify as to whether i can claim the tax credit of March 09 too as in Form 16 given by the employer, the Total TDS is shown (both for april08 and march09)........

should my return not get irreconciled when it will be processing u/s 143(1).

[Though the annual tax statement emailed by dept. says that it contains the detials of tax credit only for the first 3 quarters.] Still for the sake of confirmation, pls clarify the above issue...

thanx....!!

 

Replies (3)

Ashish......

Answer to your query lies in ur problem itself.

When you know that Tax Credit displayed by NSDL website is for first 3 quarters only, then how will you see info. for the 4th Quarter.

If NSDL site displayed info. for 4th quarter also, and you had above problem - in this case, discrepancy would be due to non-filing of TDS return by Employer.

Agree with Mr. Shah

thanks sir,

i got ur point......

and that too that i got a another mail from the NDSL where the total TDS credit is shown................

thankx

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details