Regarding tds adjustments


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 December 2017 Hi sir,

Please confirm If X Company id Deducting TDS of Rs 1000 for Y Company. Y Cmpany is Deducting TDS Rs 800 for Z company.
can we adjust & submit the rest amount of TDS of Y comapny like 1000 - 800=200.

If yes than what is the way & if no than why.

Please clear us. 7027616000

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Expert : Anonymous

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Expert : Anonymous (Expert)
05 December 2017 Tds is payable as Cash.. We can't adjust the TDS in our payable amount. We only adjust at the time of filing of ITR...

12 October 2021 No. Such adjustment of TDS is not possible under the act.


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