11 August 2011
My Accountant has been Deposited TDS amount for Salaries (U/s 92B) which is in excess of Actual TDS Deducted for the Financial Year 2010-11.Now my Question is can We claim that excess tds amount from Department? & what is process to claim? If not, can I adjust that amount during the Financial Yr 2011-12 for Salaries. Please can any body explain?
11 August 2011
Excess tds payment will be adjusted only with in the financial year. incase excess paid, you need to apply for refund with your A.O.with details.