Hello friends
I received a Form AS 26 from IT department in which they reject my TDS credit. I want to know what should be the next step from my side?
CA CS Akashdeep Singh (Practicing CA) (1394 Points)
11 June 2009Hello friends
I received a Form AS 26 from IT department in which they reject my TDS credit. I want to know what should be the next step from my side?
Sourabh Sharma
(CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds)
(771 Points)
Replied 11 June 2009
The possible reasons for no credit being displayed in your Form 26AS can be:
To rectify these errors you may request the deductor:
CA.M Chowdary
(PROPRIETOR)
(59 Points)
Replied 12 June 2009
on 31st march interest on loan is credited to party. tds entry is also passed in the books but the tds is paid after the due date june 30th along with interest for late payment. Will this expenditure will be allowed as deduction in the financial year or we have to disallow this expenditure.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)