Excess payment of tds made

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This query is : Resolved

Fenil Shah (Querist)

13 June 2013 The accountant erroneously paid excess TDS in Q2, in the next quarter the TDS paid was the difference between the excess paid and the actual payabe, various parties TDS consisted the excess paid, now while filing the return it shows an error, being the difference which was excess paid...How to solve this?

Rupesh Jain

Rupesh Jain (Expert)

13 June 2013 IN EXCESS QTR PLS MAKE DEBIT TO PARTY AS TDS AMOUNT ( EXPECTED BILL IN NEXT QTR) AND SET OFF WITH TDS AMOUNT

Fenil Shah

Fenil Shah (Querist)

13 June 2013 can u please elaborate....

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

13 June 2013 For filling TDS return you need to match the deductee sheet & challan sheet with the respective deductees. in your case in challan sheet challan amount is excess. so follow the process like this

you exactly put the TDS amount with matching deductee sheet in challan sheet TDS coloum , and excess paid tds you can show in the "others" column" in the challan sheet.

with this you can match the deductee sheet and also the challan amount with OLTAS site your return also will upload successfully

Fenil Shah

Fenil Shah (Querist)

13 June 2013 Thank You Sir.....

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