There is a client and it's constitution is Proprietorship. Sir it's a advertising agency and liable to pay tds @ 1% but some clients has deducted his TDS @2%.
Sir Want to simply ask whether Proprietor can ask from client for that amount which he has deducted @ 2% Instead 1%...
01 March 2014
well if the amount has been deducted and deposited with the Central Government, the right approach should be to adjust the excess TDS against future billings.