Section 40a

Deduct TDS and pay along with interest in FY 2010-11. You should file revised return for concened quarter of FY 2009-10 since the TDS belongs to previous financial year and TDS payment challan also will refer the payment as FY 2009-10.

If you pay the amount now, then it will be treated as that you paid the TDS amount in FY 2011-12 and deduction of expenses will be allowed only in FY 2011-12 P&L Statement.

Originally posted by : Sidhardh
	If you pay the amount now, then it will be treated as that you paid the TDS amount in FY 2011-12 and deduction of expenses will be allowed only in FY 2011-12 P&L Statement.

 I agree to your advice that he can file revised return .But now considering the second aspect from the point of deductee... deductee is a corporate and has filed the I.T return for the previous year and also assesment u/s 143(3) is been done.

Now the deductee neither can revise the return u/s 139(5), so how he can claim refund of the TDS amount reflecting in its 26 AS in P/Y 2009-10??

As per my knowledge we can seek for relief u/s 154 of the I.T Act but it seems a quite common section which advocates also know.

I am looking for some relevant section of I.T Act under which i can seek for relief.

As per my knowledge we can seek for relief u/s 154 of the I.T Act but it seems a quite common section which advocates also know.

I am looking for some relevant section of I.T Act under which i can seek for relief.

Hi prince,

file tds return mentioning that amount paid 0 in the current year . In Tax deducted enter the TDS amount .

In this case the deductee will be able to get his tds refund or he can adjust it against the tax payable.

Originally posted by : R K SINGH
	Hi prince, file tds return mentioning that amount paid 0 in the current year . In Tax deducted enter the TDS amount . In this case the deductee will be able to get his tds refund or he can adjust it against the tax payable.

 Hi Mr. Singh,

Sir as i told you that the deuctor has already filed the revised return and in 26 AS the TDS is shown in P/Y 2009-10,but for the same year deductee has already filed his return and assesment u/s 143(3) is also done and thus he can't file revised return under section 139(5) seeking for TDS Refund.

One alternate available with deductee is that to file appeal u/s 154, but i am looking for relief under any other section of I.T Act.. Please let me know if we can find something as 154 is also known by advocates and if we also give the same solution to our client then what will be the line of demarcation between them and us??