A COMPANY FILLED ITS INCOME TAX RETURN OF FY 2017-18 WITHIN DUE DATE, AT THE TIME OF FILING RETURN THERE WERE NO TDS DEDUCTED AND NOT SHOWN IN 26AS. BUT NOW OF THE CLIENT OF THE COMPANY DEDUCTED TDS OF THE COMPANY AND AMENDED 26AS. NOW TDS REFLECTS IN 26AS OF THE COMPANY. MY QUESTION
1. IS COMPANY ELEGIBLE TO CLAIM TDS NOW?
2. IF YES, THEN HOW AND UPTO WHAT AMOUNT?
3. IF COMPANY FILED RETURN AFTER DUE DATE THEN COMPANY WILL ELEGIBLE FOR TDS CLAIM OR NOT?
1. Yes.
2. To full amount base on income offered to assessment.
3. Yes.
CAclubindia
