Additional tds deposited

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amit chawan (Querist)
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04 March 2015 Sir,

I deposited additional tds in 3rd Quarter of F.Y. 2014-15. So my question is that can I use or adjust that additional tds amount in 4th Quarter and next subsequent quarter of F.Y. 2015-16 for our new tds deduction transaction.

Thanks & Regards,

Amit Chawan

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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04 March 2015 Yes it can be used that additional amount in 4th quarter and subsequent quarter.

amit chawan

amit chawan (Querist)
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05 March 2015 Sir,

Thank you very much.

But when submitting quarterly tds return, the challan deposit date & date of deduction of tds are different means challan deposit date come before the date of deduction of tds, so that will create any problem while validating tds statement.

Thanks,

Amit Chawan

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 March 2015 No problem if deposit date is earlier than deduction.

amit chawan

amit chawan (Querist)
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07 March 2015 Thank your very much Sir.

Thanks & Regards,

Amit Chawan

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