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TDS

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(Querist)
11 September 2010 Hi.. can any1 help in ths issue???

Can i disclose my net income if I`m / I cannot claim Tax deducted at source from my gross income???
Eg:- gross income - Rs.100,000
tds - Rs. 1,000
Since TAN is not provided by the deductor, I`m not able to claim TDS.. Can I disclose Rs. 99,000 as my income instead of Rs.100,000???
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
11 September 2010 Ask the deductor to give either TDS certificate or refund the TDS deducted.
Otherwise you can treat the Net Receipt as your income.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
11 September 2010 No . Actual Gross income need to be disclose in Return, ask the Deductor to provide the TAN and claim the TDS
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CA. Praveen Narayan

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CA. Praveen Narayan (Querist)
14 September 2010 Thank you Ramesh.. Take care..

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