22 August 2012
hi all, actually we've paid excess TDS (194A) for the M/o April'12 in July'12 for Rs. 1,50,000/- . No. of Deductees are 10 and their sum of Deduction of TDS Rs. 1,00,000/-. But still TDS Return filing is Pending for 1st qtr. of F.Y. 2012-13. Can i adjust Excess Paid TDS to the 2nd qtr. F.Y. 2012-13. If yes then please tell me the procedure to adjust such TDS.
24 August 2012
Practically it is possible if it pertains to the same financial year. I myself did it once. Please mention the challan details in both the returns. it will be done
CAclubindia
