TDS
This query is : Resolved
16 December 2010
What is the consequences if we deduct TDS more than that of required percentage?
16 December 2010
No Consequences in That Case.
Consequences Only When U Deduct Less Percentage or NIL.
Regards,
Ayush Agrawal
Consequences Only When U Deduct Less Percentage or NIL.
Regards,
Ayush Agrawal
16 December 2010
Nothing to worry... in any case, the deductee will get the benefit of tax deducted by you.
16 December 2010
More over, if its the case of same quarter, the excess TDS could be adjusted in future payments/credit within the same quarter.
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