How benefit of tds considered if tds is not considered

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2013 Dear Sir / Madam

For the financial year 2011 - 2012 our company not taken benefit of the TDS in the books of account as well as in Income tax Return.
Now the books of account are finalized and time period to file revise income tax teturn is over.
Now my question is should we avail the benefits of the said TDS Amount or Not? Because, Its huge amount approx. Rs. 50,00,000.00.
Please, guide??????? with example and related section code?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

02 July 2013 for AY-12-13 you can revise the return 1 year from the date of return or completion of assessment year which ever is earlier. I think still time is there to revise the return if you filed with in due date

otherwise need to request A.O only