TDS Claims
This query is : Resolved
23 August 2008
In our Private Ltd Coy, for the F/Y: 2004-05, We deducted an amount of Rs.95,546/- as TDS and we issued Form-16A to the Deductees.
The above liability paid in the foll.F/Y: 2005-06 on 25.05.2005 vide UBI Che.no: 721695.
In the mean time our office staff wrongly paid an amount of Rs.93,378/- on 31.05.2005 vide UBI che.No: 721700.
For the above Rs.93,378/- we have not issued any Form-16A to any body.
Hence, in my opinion it should be treated as an unclaimed tax, deposited paid by us.
We’re keeping that debit amount in our Balance Sheet under the ledger head “ TDS-Debit” for the past F/Y’s: 2005-06,2006-07,2007-08.
Now as a final decision we want to know why it not claimable & how it should be written-off in this f/y: 2008-09.
Kindly share your expert knowledge with us to enable us to save the above unclaimed amount
The above liability paid in the foll.F/Y: 2005-06 on 25.05.2005 vide UBI Che.no: 721695.
In the mean time our office staff wrongly paid an amount of Rs.93,378/- on 31.05.2005 vide UBI che.No: 721700.
For the above Rs.93,378/- we have not issued any Form-16A to any body.
Hence, in my opinion it should be treated as an unclaimed tax, deposited paid by us.
We’re keeping that debit amount in our Balance Sheet under the ledger head “ TDS-Debit” for the past F/Y’s: 2005-06,2006-07,2007-08.
Now as a final decision we want to know why it not claimable & how it should be written-off in this f/y: 2008-09.
Kindly share your expert knowledge with us to enable us to save the above unclaimed amount
25 August 2008
In our Private Ltd Coy, for the F/Y: 2004-05, We deducted an amount of Rs.95,546/- as TDS and we issued Form-16A to the Deductees.
The above liability paid in the foll.F/Y: 2005-06 on 25.05.2005 vide UBI Che.no: 721695.
In the mean time our office staff wrongly paid an amount of Rs.93,378/- on 31.05.2005 vide UBI che.No: 721700.
For the above Rs.93,378/- we have not issued any Form-16A to any body.
Hence, in my opinion it should be treated as an unclaimed tax, deposited paid by us.
We’re keeping that debit amount in our Balance Sheet under the ledger head “ TDS-Debit” for the past F/Y’s: 2005-06,2006-07,2007-08.
Now as a final decision we want to know why it not claimable & how it should be written-off in this f/y: 2008-09.
Kindly share your expert knowledge with us to enable us to save the above unclaimed amount
The above liability paid in the foll.F/Y: 2005-06 on 25.05.2005 vide UBI Che.no: 721695.
In the mean time our office staff wrongly paid an amount of Rs.93,378/- on 31.05.2005 vide UBI che.No: 721700.
For the above Rs.93,378/- we have not issued any Form-16A to any body.
Hence, in my opinion it should be treated as an unclaimed tax, deposited paid by us.
We’re keeping that debit amount in our Balance Sheet under the ledger head “ TDS-Debit” for the past F/Y’s: 2005-06,2006-07,2007-08.
Now as a final decision we want to know why it not claimable & how it should be written-off in this f/y: 2008-09.
Kindly share your expert knowledge with us to enable us to save the above unclaimed amount
13 November 2008
I feel you should make a claim for TDS refund with your TDS - AO explaining him the entire details along with:
- Certificate from the bank that there were two difference cheque payments that were made;
- An indemnity bond;
- Certificate from the bank that there were two difference cheque payments that were made;
- An indemnity bond;
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