If my client has deducted TDS for F.Y 2009-10 but not deposited the same because he did not had TAN NO. Now in current year ie, 2011-12 if he applies for TAN and deposits the TDS deducted along with Intt.for F.Y 2009-10 , can he do so ie, Apply for TAN now & claim the credit for the same in the current year
16 August 2011
If Expenses at which tds has not been deducted in Fy 2009.10 and such expenses has been disallowed as per income tax act during the AY 2010-11.
Now, If you have deposited tds with interest then you absolutely take the credit of the same in the current year.