Excess deduction of tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 September 2014
Sir,
I have deducted TDS on Vat amount by over sight, but after filling the tds returns it found.
Now what can I able to do whether the Tds paid is refunded?
I have deducted TDS on Vat amount by over sight, but after filling the tds returns it found.
Now what can I able to do whether the Tds paid is refunded?
15 September 2014
No need to do anything. The deductee will get the credit of excess TDS while filing Income Tax Return.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 September 2014
Sir,
In this case I discussed with the vendor but he is not supporting what is the next prodedure. He is asking for his tds deducted amount.
In this case I discussed with the vendor but he is not supporting what is the next prodedure. He is asking for his tds deducted amount.
15 September 2014
You have to make him understand that he will get the credit while filing Income Tax Return. No other way.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
