Tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 Can I adjust penalty for TDS levied against excess TDS paid which is due for refund

05 August 2014 the ans is no as not allowed.....

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 However, Refund is to be granted after adjusting existing tax liability as per sec 200A of the Income tax Act, can penalty be included in that tax liability.

05 August 2014 penalty is always sep imposed as a sep order needs to be passed

06 August 2014 refund also issue after the all liability but you cannot adj., you can apply for refund then penalty automatic adj by the deptt.

06 August 2014 you cannot demand for adj of penalty and demand amount...................that ri8 is with itd only


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details