tds
This query is : Resolved
14 April 2010
Interest of Rs.15500/- credited on 31.3.2010 TDS of Rs.1550/- was deducted u/s 194A. A sum of Rs.1550/- + Rs.1500/- deposited in April in one/two challans. How can the excess be adjusted/refunded?
14 April 2010
excess TDS Paid can be adjusted against tax payable by the assessee. however if the tds amount is exceed the tax payable by the assessee then balance will be refundable to the assessee.
thare is no hard and fast rule of firs come first adjusted.
your both payment is credited against your PAN No. and will be refundable after adjusting the tax payable by you for same assesment year.
thare is no hard and fast rule of firs come first adjusted.
your both payment is credited against your PAN No. and will be refundable after adjusting the tax payable by you for same assesment year.
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
