I think you should, always , file your tax returns comparing 26 AS.I am always telling to all people that , if you have internet banking ( Net Banking facility ) or other way out you can view your 26 AS. What was the Position in 26 AS for 2014-2015 when you filed your tax return.? TDS was shown in your 26 AS?
I would say that first inquire with your Ward as to your return position, processed or not . Is it processed or not?
If not processed then file Revised Return immediately .
If not processed then file Revised Return immediately .
Or show the income in the current year and file the return accordingly. Claim tax in the current year. Time and again I advise to all before filing tax return one should go through the 26 AS and then file the return accordingly. Lest some Income shown by Bank or other way other persons might have been left out and you may serve a notice for penalty / concealment also.
Be careful that the Returned Income is not above taxable limit!!!??
Check it .
Check it .
This is only the alternative available to you.
Good luck.
CA Shah D J
On Saturday, 5 September 2015 10:25 AM, "Satish Chandratre satish_chandratre@yahoo.com [aaykarbhavan]" <aaykarbhavan@yahoogroups.com> wrote:
Respected members,
I need your advice/solution.
I was offered a post as short term consultant (for 6 months) in an organization from 20th Feb. 2014 to 19th Aug 2014.
I received my 1st payment in 1st quarter of 2014. TDS was deducted at 10% as normal but the TDS certificate was to that effect was received only on 20th Dec. 2014.
I had/could not mention the amount received and TDS deducted in my tax return for AY 2014-2015 filed in July 2014 (FY 2013-2014---AY 2014-2105).
As per the bank statement, this received payment is reflected in my bank account for FY 2014-2015 (but the TDS is reflecting in FY 2013-2014.)
My problem is how to file the return for AY 2015-2016 with claiming for TDS deducted in FY 2013-2014.
IT Dept has made tax return very easy online. However, I am not able to understand how / where to make these entries.
Can anyone of you guide me?
Thanks and regards.
Satish Chandratre.
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Posted by: Dipak Shah <djshah1944@yahoo.com>
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