Refund of recovered tds
This query is : Resolved
06 August 2018
How can TDS recovered on advance paid towards professional charges be adjusted/ refunded, on failure of contract and on refund of advance ?
Read more at: https://www.caclubindia.com/experts/tds-on-advance-payment-to-professionals--620920.asp
Read more at: https://www.caclubindia.com/experts/tds-on-advance-payment-to-professionals--620920.asp
06 August 2018
actually what amount you paid to vendor, vendor can reimburse the amount fully. Bcus TDS is deducted and paid by your hand. So vendor can avail this amount from his PAN by TDS Credit amount at the time filing IT.
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