I have a query, i am supplying material to various PWD departments and in FY-18-19 i have sold Rs. 25 lakhs material to two PWD departments and shown Turnover in my GST & income tax. However both the parties deducted in FY-19-20. I could not claim TDS in last year i.e. 18-19, but how can i claim now in FY-19-20? Also please guide me on how to fill Schedule TDS in ITR? Current Year T/O - 90 lakhs out of which TDS not deducted on 20 lakhs but Form 26AS shows T/O as 95 lakhs including that of last year - 25 lakhs.
26 December 2020
You can't claim TDS of last year now. File rectification under section 154 tax credit mismatch and claim refund. File ITR as per 26AS turnover show profit earned actual. Login to E filing and download prefill ITR details from my account and fill itr TDS details will be updated in ITR.
CAclubindia
