if a person fails to claim tds in the assessment year to which it belongs can he he claim the tds amount in next assessment year
10 Replies
Jayachandra Naidu
(Accountant)
(171 Points)
Replied 09 October 2010
Dear Sir, i have one doubt in this If the deductor has not provided the form 16A in time. who is the reponsibility of this. And also one more the deductor has deduct the TDS and remitted the bank as well as filied the returns. But thig is he hasn't submitted the form 16A to dedutee. How can the deductee get the refund of the TDS.
Please send me the reply sir.
Balram Begari
(Accountant)
(122 Points)
Replied 09 October 2010
Dear Naidu,
Even though he is not given form 16A to you, but he sure he may might filee the TDS return , where he is mentioned the deductess wise along name and Pan No and it will be credited accordingly deductee wise as he mentioned in the TDS return (26Q return).
Why don't you register for 26AS where you can see TDS amount deducted by any deductor .
So kindly register for 26AS with Nominal Charges.
suresh kumar
(CA-FINAL&CS FINAL)
(151 Points)
Replied 09 October 2010
hello dear begari for register with 26 AS No charges will be leveid
Balram Begari
(Accountant)
(122 Points)
Replied 09 October 2010
Hi Suresh,
Thanks
Kindly recheck , i think Rs 15+ST will be chargable , kindly check from website as below mentioned.
https://onlineservices.tin.nsdl.com/TIN/PanRegistration.do
CA LAVESH VASYANI
(CA IN PRACTICE)
(150 Points)
Replied 09 October 2010
Dear Abhishek,
No, he cant claim the tds in the next a.y but he can revised the return by claiming the tds but make sure the return is filed within due date i.e. u/s 139(1).
CA. Deepak Narula
(B.Com., ACA, DISA)
(541 Points)
Replied 09 October 2010
Dear All,
As per my view if the person has not claimed the TDS in the current A/Y then he can claim the TDS in the subsequent year(s). There is no restriction in this regard. But it can be conflicting in some cases.
Moreover the 26AS can be viewed free of cost now by registering in income tax website.
kanagaraj
(CHARTERED ACCOUNTANT)
(793 Points)
Replied 09 October 2010
Dear Abhishek,
you are not supposed to claim the tds in the subsequent year.The only course available is to file the revised return if you file your original return in time, or otherwise you fie a petition u/s 119(2)(b) to the CBDT for condonation of delay
with regards
Sunitha M Wadhwa
(Financial Research Analyst)
(73 Points)
Replied 09 October 2010
Yes, you can do that.. how ever the income should be booked in the year of the actual tds deducted.. For eg, if the tds certificate pertains to AY 2009-10, the respective income and the tds receivable should be strictly accounted in that year only.. However, when the tds certificate is received subsequently it can be claimed.. However, only at the time of assessment, that too if asked by the ITO, we need to justify it appropriately...
Parth - CA,CS,CMA
(Learner)
(406 Points)
Replied 10 October 2010
| Originally posted by : Balram Begari | ||
 |
Hi Suresh, Thanks Kindly recheck , i think Rs 15+ST will be chargable , kindly check from website as below mentioned. https://onlineservices.tin.nsdl.com/TIN/PanRegistration.do |
 |
If u register urself in NSDL site, it may be charged.. but alternatively u can also see ur 26AS by registering at https://incometaxindiaefiling.gov.in
There are no charges there.
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