Claim for tds

This query is : Resolved

CA Abhilasha Bhagat (Querist)
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29 August 2012
Can an assessee claim TDS in an A.Y. other than the assessment year in which income is shown? (Instead of filing revised return or rectitification )

For example assessee filed return showing income of Rs. 1,00,000/- in A.Y. 2011-12 but not claim TDS deducted Rs. 10,000/-. Now can he claim TDS in A.Y. 2012-13 ?

If yes, under which section?

Soumitra Basu

Soumitra Basu (Expert)
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02 September 2012 No. the law says that you have to claim tds for same assessment year for which the income was disclosed. You should file a rectification petition under section 155 and get the credit.