If we get TDS certificate after audit whareas this
certificate is related to same financial year,in this
condition how will we consider tds or can we take this
credit in next f.y.?
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IF WE RECEIVED THIS TDS BEFORE SUBMMITING THE RETURN THAN
WE TAKE THIS AS INCOME RECEIVED (FROM INCOME ) & TDS AS
ADVANCE TAX.
NO. THERE IS NO WAY TO TAKE THIS IN NEXT FINANCIAL YEAR
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / seswarca
u should take into next year when that income is not offered to that extent of tds amount
otherwise
u should file revised return u/s139(4) of the income tax act
Is This Answer Correct ? | 2 Yes | 0 No |
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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0 Answers Bank Of America, Genpact,
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