We have filed the IT return on or before due date for the FY 2011-12 & 2012-13, but Our company was not adjusted the TDS which is deducted by our customer for the both the FY 11-12 & 12-13 due to the deduction was not reflected in 26AS, our CA suggested & filed return with no credit/adjustment the tax, later customer have filed the TDS return & issued the Form-16A, so my query is
1. can we apply for refund the tax due to late filling of TDS return by the deductor?
2. If we can apply What is the time period for it?
22 August 2015
1. The TDS deducted under 194C & 2. The Income has been declared by us & IT was paid for the same FY 11-12, It means our company have paid IT twice for the single income. 1. Directly paid as assessment tax by our company. 2. Indirectly paid by Deductor, which was recovered by us as TDS under 194C.
CAclubindia
