20 July 2009
Hi Friends, I have a question regarding the TDS Claim, Our customer has deducted the TDS on our Invoices in the last financial year and we have not cosidered the same while filing our IT return for the last financial year.
I think we can claim the TDS while filing the return for the current financial year. If so, please let me know which section of the Income tax Act. talks about the above matter.
20 July 2009
No you cannot claim last year's TDs in this year, but you can file a revised return for last year, claiming full TDS & refund thereof refer section 139(5)
CAclubindia
