venkata akarsh.grandhi
(articles assistant)
(190 Points)
Replied 30 March 2017
Sorry due to phone problem..the query is not copmpletly posted...
the assessee is receiving rental income..
the amount is credited to the assessee after deducting the TDS portion from the gross rental amount.
The assessee had given the property to tenat for the 8 months in the Financial Year and rent paid accordingly to assessee after deducting the applicable TDS amount.
But in form 26AS, the outstanding TDS credit is showing only for the 7 months (due to late deposit by the tenant)
in the other side the assessee had filed his Respective IT Return with all his details by claiming 8months rent as income and got assessed.
the itr got processed and issued the refund as he is eligible for that.
now there is a difference in the TDS of his own calculation and form 26AS (above mentioned) - now what the assessee can do inorder to claim that..