Hello,
In one of my case (They are in Construction work) "The buyer has deducted TDS on Sales bill and later on after 2 months we have issued credit note for some amount of work rejected by the client. But they have not make any adjustment in TDS for the same. We have filed ITR (FY 2022-23) and claimed the TDS of Invoice without Adjustment of Credit Note. Sales invoice and Credit Note are not same month. Now TDS department are arguing that they will not allow to claim TDS for the credit note value.
Need guidance on the same. As the deducted has paid all TDS and also reflecting it in 26AS and certificate for the TDS is also issued by the deductor.
The sales bill issued is also reflecting in GSTR 1.
CAclubindia
