Tds
This query is : Resolved
02 January 2017
TDS Excess deducted on the bill for the month of Nov & Dec 2016 . But TDS return not submitted for the Dec Quarter 2016 . The TDS payment already done .
Please give us the advice for the adjustment of Excess TDS deducted on the bill
Please give us the advice for the adjustment of Excess TDS deducted on the bill
02 January 2017
If u have deposited the challan for the TDS then there is no option other than to pay the tax. U may visit the following link to get in details regarding the penalty or interest payment:-
https://taxguru.in/income-tax/budget-2012-late-filing-filing-tds-statement-costly.html
https://taxguru.in/income-tax/budget-2012-late-filing-filing-tds-statement-costly.html
03 January 2017
Since you have not filed the return, you show extent of TDS balance can be utilised Next quarter.
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