TDS
This query is : Resolved
14 July 2011
Dear Sir,
I have wrongly deducted tds on 14.05.2011 and deposited this same on date 4.6.2011.
Now i am going to filled TDS return for 1st Quarter my question is, could i adjust this amount in next quarter payment of tds ??
2nd question is it necessary to show this amount in this return or not ??
Please help what i should do ?
Thanks
Krishna Verma
I have wrongly deducted tds on 14.05.2011 and deposited this same on date 4.6.2011.
Now i am going to filled TDS return for 1st Quarter my question is, could i adjust this amount in next quarter payment of tds ??
2nd question is it necessary to show this amount in this return or not ??
Please help what i should do ?
Thanks
Krishna Verma
Rabindra Kumar Sahu
(Expert)
14 July 2011
Q No 1- Yes you can adjust the amount in next quarter payment, if it is wrongly deducted.
Q No 2-Yes you have to show the show the Gross Amount in first quarter without TDS.
Regards,
R K Sahu
Q No 2-Yes you have to show the show the Gross Amount in first quarter without TDS.
Regards,
R K Sahu
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