Short deduction made for tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 May 2014 Short deductions made for the tds on interest on foreign loan taken . can it be made good in the subsequent year?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 May 2014 you can make good in future years...but interest liability will keep piling on.

Querist : Anonymous

Querist : Anonymous (Querist)

16 May 2014 thankew ! bt once more can you just tell me in thid case what shall i do . ( TDS on ECB loan ) tds deducted short in 2012-2013 but payment made for the exact amount to be deducted in 2013-2014 , can short deduction be made good by providing in 2013-2014?

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