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,,,,,Sonia (Others)     04 July 2011

Deduction of TDS in FY05-06

If we have not filed  Income tax return in : FY -05-06 , AY -06-07 yr. And where Company has deducted TDS in FY 05-06 yr.  which was not informed /updated by the company timely.

As we Regularly file returns , can we file the Return of  FY 05-06 to get TDS deducted, .........while filing return of FY 10-11 ,& A.Y 11-12. ?

Can we get deducting amount of FY 05-06  ?



Learning

 1 Replies

Nitesh Maheshwari (aAssistent Adviser)     04 July 2011

In this case co. can't be file income tax return for ass. year 06-07, coz of time baared.

however co. can claim deduction of expenditure on which TDS deducted in the year in which TDS deposited to the department.
 


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