Unclaimed tds

ITR 372 views 2 replies

Nikhil Bhat

Financial services

133 Points Joined September 2015

My Clients accounting method is on cash basis and his client's is on mercantile basis.

1) In AY 2009-10 [manual return] certain TDS were claimed whose actual receipts were realised.

2) The TDS whose income was not received was carried over.

3) While filing the AY 2010-11 [online] the TDS appearing in the 26AS were claimed and the TDS which was carried over from AY 2009-10 was forgotten.

4) The income received (90%) was taken in AY 2010-11 but the TDS portion(10%) carried over form AY 2009-10 was not taken on income side as well as on Tax credit side.

How to claim this TDS .

Replies (2)

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

A tax payer can make a request to condone the delay in filing of return within six years from the end of the assessment year in respect of which the return is to be filed. So effectively in case of claim for income tax refund, you get an extension of five years only as presently also you can file your income tax return for refund one year after end of the assessment