Tds
This query is : Resolved
03 May 2017
Sir,
A client has deposited TDS amount of Rs 120000 twice by mistake in FY 09-10. At the time of filing TDS return, claim of Rs 120000 has been taken but the other challan of the same amount has not been used till date.
Now I want to know whether he can claim refund of excess amount or is there any other way to adjust this amount in future liabilities.
A client has deposited TDS amount of Rs 120000 twice by mistake in FY 09-10. At the time of filing TDS return, claim of Rs 120000 has been taken but the other challan of the same amount has not been used till date.
Now I want to know whether he can claim refund of excess amount or is there any other way to adjust this amount in future liabilities.
CA Shubhanshu Jain
(Expert)
04 May 2017
Since the same is paid in excess you can adjust same with income tax liability in future
04 May 2017
Sir,
As excess TDS is of FY 09-10 whether In FY 17-18 is it available for adjustment????
As excess TDS is of FY 09-10 whether In FY 17-18 is it available for adjustment????
CA Shubhanshu Jain
(Expert)
05 May 2017
Yes, But i think you have to give all details of form 16/16A as applicable
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