Tds

Just File TDS correction return with file up the reason for lower deduction in deductee sheet along with mention Certificate number Address etc given in TDS deductee sheet

You can also make online correction through TDS Traces Website,  under challan correction tab

Dear Mukesh

Yes, you can make correction with TRACES website in online mode or file offline revised TDS return after updating the Lower Deduction details.

Please do check the details mentioned in the Lower Deduction Certificate (“LDC”) as TDS rate, amount of consumption yearly, LDC number, period of certificate.

Dear Mukesh

Yes, you can make correction with TRACES website in online mode or file offline revised TDS return after updating the Lower Deduction details.

Please do check the details mentioned in the Lower Deduction Certificate (“LDC”) as TDS rate, amount of consumption yearly, LDC number, period of certificate.

Dear Vishal

The query is not clear, please draft again

​Dear,

1. First thing if TDS amount is not deposited by the deductor before filing the Income Tax Return (‘ITR’) still we can claim/show it in our ITR pertaining to that assessment year. As soon as the amount deposited by the deductor it will automatically update the 26AS.  Afterword, if the credit of the TDS amount not given in the 26AS please file the rectification u/s 154 of the Act for the same.
2. The other option is to revise the ITR as soon as TDS amounts reflect in the 26AS. The revised return can be filed within one from end of the assessment year.
3. Further if we want to claim in the next assessment year then we can carry forward the TDS credit amount and claim in the next AY by showing under brought forward TDS credit. In that reference please see the ITR`s from AY 2014-15 onwards there is an option in the ITR to carry forward and brought forward the TDS claim. Before AY 2013-14 there is no such option in the ITR.

Yes Monika you are right, without carry forward we can not claim in subsequent year.