Excess TDS deposited
This query is : Resolved
Madhusudhan Reddy
(Querist)
06 May 2017
Dear sir,
Rent for the month of march,2017 is Rs.100000. Actual tds remitted is Rs.20000.)Will that excess tds amont(10000) can be claimed as deduction in the next financial year? While filing TDS Return amount to be shown in the return is actual tds value(30000 for the 3months or remitted amount(40000 for the 3 months)? Please clarify asap.
CA Shubhanshu Jain
(Expert)
06 May 2017
1. You have to show amount of TDS remitted in the return
2. Don't worry when you will file your ITR for you can claim excess TDS deposited with government.
2. Don't worry when you will file your ITR for you can claim excess TDS deposited with government.
Message likes :
1 times
KAVIRAJA ADDANGADI
(Expert)
07 May 2017
You can adjust the excess tds in next month return
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
