Easy Office
LCI Learning

Infratech

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 April 2021 Party has deducted TDS u/s 194C on advance towards work in f y 20-21 for which final bill was not prepared in f y 20-21.

Final Bill will be prepared in f y 21-22 when the work will be completed

TDS u/s 194C for advances paid in f y 20-21 will be reflected in 26AS. Can this TDS be c/f and claimed in f y 21-22 ?
Profile Image

CMA Poornima Madhava

Profile Image

CMA Poornima Madhava (Expert)
28 April 2021 Yes, TDS credit can be carried forward to the subsequent year. Ensure to fill up the ITR accordingly.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
28 April 2021 Yes, it can be carried forward and claimed in fy 21-22.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link




Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links