Excess tds deposited
This query is : Resolved
11 April 2017
If a company for eg has deducted 18000 tds from its employees but wrongly deposited Rs.20000 as TDS to the I.Tax.
Whether it can be adjusted in the next months/financial year? If not,then what can be done now?
Whether it can be adjusted in the next months/financial year? If not,then what can be done now?
11 April 2017
Yes, it can be adjusted Next month / Next financial year to that extent tds amount should be unutlised and same can be adjusted.
12 April 2017
Thanks for the reply.Wants to know whether any circular is there for such relief by I.Tax? If so, kindly share that
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