TDS
This query is : Resolved
06 January 2010
In case TDS deducted and deposited to the government and afterwards due to some reason the contract gets terminated. In that case whether the company gets TDS refund ? and How to claim TDS refund in such cases ?
06 January 2010
TDS is to be deducted at the time of payment or credit whichever is first. Suppose if payment has been made first and TDS has been deducted, pls recover it from contractor in same way as you will recover the advance amount from him. Refund from Government is not possible. Yes, if you had not filed your quartely return, you can adjust it with other contractor.
CS U S Sharda
CS U S Sharda
07 January 2010
Is it possible to claim the same as self assessment tax in the Annual Return of Income Tax ?
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
