Dear Sir/Madam,
My client has given his property (joint in the name of himself and his spouse) for rent. Tenants deducted TDS on my clients pan no.
My client and his spouse filed income tax returns for fy 2017-18 showing 50% of rents and 50% of TDS respectively. My client return got processed neither got notice for mismatch of income in 26AS nor got any refund of excess of TDS in 26AS.
Issue is his spouse got demand to pay tax for claiming excess tds credit (i.e.50% tds claimed).
What is the solution??? Neither my client got refund for excess credit Tenant will not revise tds return as it is for fy 2017-18. Is there any CBDT circular for rectification?
CAclubindia
