TDS_4TH MARCH
This query is : Resolved
04 March 2009
If an assessee not deducted the TDS in the year 2007-08 and made the payment to contractor fully.
And now in the year 2008-09 he is ready to pay the TDS(Deductible)with interest of last year.
So my question is can he claim this amount from the contractor.
And now in the year 2008-09 he is ready to pay the TDS(Deductible)with interest of last year.
So my question is can he claim this amount from the contractor.
04 March 2009
Well, yes in this case. he can recover by showing it as a excess payment or can adjust from any subsequent payment.
04 March 2009
BUT HOW CAN HE GIVE CERTIFICATE FOR THE SAME IN THIS YEAR
04 March 2009
Dear Manoj,
Certificate will be issued in the year in which TDS was deposited.
Certificate will be issued in the year in which TDS was deposited.
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