TDS CREDIT WHEN RETURN IS NOT FILED

[KAMAL AGARWAL]

RETURN OF INCOME WAS NOT FILED EITHER U/S 139 OR IN PURSUANCE OF NOTICE US 148. WHETHER TDS CREDIT WILL BE ALLOWED.

[CAGOPALJI AGRAWAL]

If you are talking about the provisions of section 199, then TDS credit would be given.

If you wish to avail the refund then you have to file form 30 within one year from the end of assessment year for reund along with the return as prescrbed u/s 139.

[Mahaganapathi V]

In any case the TDS credit would be allowed provided the returns are filed.

AI Summary

TDS credit available under section 199; refund claims require filing the return and Form 30 within prescribed time.
TDS credit is available under the statutory framework cited (section 199). To obtain a refund, a taxpayer must file Form 30 along with the return as prescribed under section 139 within the time limit from the end of the relevant assessment year; practitioners note that claiming credit or refund effectively depends on filing the required return and complying with the refund procedure.