TDS can We Adjust 194C Amount to 194J


This query is : Resolved 

Quick Summary
A TDS amount paid under Section 194C can generally be adjusted against Section 194J in Q3 returns if properly reported in the TDS return. Correct disclosure and compliance with Income Tax rules are important for adjustment.

17 January 2025 Sir/Mam,

We have paid 194C TDS amount Oct 2024 30,000/- can we adjust this amount in 194J in Q3 Returns

Plz clarify my doubt

Thanking you,

17 January 2025 Yes, you can adjust the TDS amount paid under Section 194C in your Q3 returns for Section 194J. According to the Income Tax rules, TDS payments made under different sections can be adjusted against each other, provided they are reported correctly in the TDS returns.

17 January 2025 Thank you sir for your reply

17 January 2025 You are welcome.


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