Dear All,
We have not filled IT returns last 5 years, but we have TDS amount. can we claimed previous year tds amount current tax return filling?
Regds,
Subash
Dunaboyina subrahmanyam (accounts ) (67 Points)
26 September 2021Dear All,
We have not filled IT returns last 5 years, but we have TDS amount. can we claimed previous year tds amount current tax return filling?
Regds,
Subash
JGM
(Knowledge Sharer)
(443 Points)
Replied 26 September 2021
The TDS can be claimed in the year in which the corresponding income is offered to tax. Please refer section 199 of the Income-tax Act, 1961
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 26 September 2021
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