In schedule (Tax Dedeucted at Source)TDS, one is required to enter the head under which corresponding receipt has been offered? In some cases, TDS is deducted by the payer in current year, but corresponding income is to be offered in future years. How to fill up Schedule TDS in such cases?


Ayana Ayana
Answered on February 10,2020

In such cases, no (Tax Dedeucted at Source)TDS credit should be claimed under the column "in own hands" for the current year. If this is done, the column "Corresponding receipt offered" is greyed-off and is not required to be filled up.