Dear Sir
Thanks a lot for clarification.
Zeya Alam
zeyaalam
(Others)
(22 Points)
Replied 02 September 2015
Dear Sir
Thanks a lot for clarification.
Zeya Alam
S. Shiroor
(Others)
(1207 Points)
Replied 03 September 2015
U/s 245. You are informed that the refund from different year is being used to compensate for tax shortfalls for relevant year.
This happens bcoz the tax credits you have claimed are not visible in 26AS
Your 26 AS statement is not updated most probably bcoz your deductor has filed defective TDS return or not filed at all.
If your 26AS is complete you should goto your AO and give a copy of 26As statement and tell them not to send Refund of different year to this AY. This should be done quickly within specified period.
If your 26AS is not complete you should tell deductors to recitify their TDS return.
If status is U - it should be made F also .
Is it crystal clear now.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
