Excess deduction of tds
Neel Soni (Audit Associate) (65 Points)
03 July 2015Neel Soni (Audit Associate) (65 Points)
03 July 2015
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 03 July 2015
Hi Neel,
Yes, builder can take TDS credit of whatever TDS deducted from his payment whether its excess or less, provided purchaser submit 26QB challan cum return statement to builder with valid PAN No of builder.
Thanks and Regards,
Manoj B. Gavali
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