In 26AS of FY 2022-23 bit of TDS of 2021-22 is appearing and is claimed in return of FY 2022-23.
Income of FY 2021-22 whose TDS is now showing in 26AS of FY 2022-23 has been correctly accounted for in FY 21-22 and Income given for taxation in the return of FY 21-22 although TDS on this income had not been claimed in FY 2021-22 as it was not appearing in 26AS of past year.
CPC has not given credit of past years TDS in return of FY 2022-23. Return processed without giving credit of TDS of FY 2021-22
Now Return of FY 2022-23 is processed and Intimation u/s 139(1) has been received with Computation of Restriction of TDS based on Rule 37BA which has reduced total TDS claimed in return by amount of TDS that pertains to past year (FY 2021-22)
What to do now to get credit of total TDS ( TDS of 2021-22 + TDS of 2022-23) in return of FY 2022-23.
CAclubindia
