banner_ad

Excess TDS Paid to Govt. by Company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 May 2009 Is it correct if company adjust the excess TDS (92B)(of FY 08-09)amt paid to Govt in Fy 2009-10 against the TDS(92B) amt payable in FY 09-10.
e.g.
Excess TDS Paid Rs 8000 in FY 08-09
TDS Payable In FY 09-10 RS 18000
Paid before due date Only RS 10000.
Profile Image

VINEESH KHANNA

Profile Image

VINEESH KHANNA (Expert)
28 May 2009 I think you can not adjust between the two different financial years
Profile Image

CA Binal Shah

Profile Image

CA Binal Shah (Expert)
29 May 2009 Hello, Gud Morning
The assessee can not adjust excess TDS paid in one F.Y. against TDS liability of other F.Y, The only way is to claim refund for excess TDS paid in that particular F.Y. and in the following F.Y. the assessee is under obligation to pay full amt. of TDS liability.
Profile Image

CA.BHARAT BHUSHAN

Profile Image

CA.BHARAT BHUSHAN (Expert)
31 May 2009 No such adjustments can be made
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details