Tds deduction
This query is : Resolved
03 December 2012
Hi Dear Sir / Mam,
If there is a double payment of TDS TO GOVT, can we adjust it in the coming months and make a balance payment to Govt.
Also how it can be shown in the TDS Retun.
pL ADVICE
Hi Dear Sir / Mam,
If there is a double payment of TDS TO GOVT, can we adjust it in the coming months and make a balance payment to Govt.
Also how it can be shown in the TDS Retun.
pL ADVICE
03 December 2012
The excess TDS paid can be adjusted against the future TDS liability (the sec must be the same i.e. the nature of payment)in the same financial year .
03 December 2012
U can adjust the excess or double payment of TDS in subsequent month's remittance to GOvt.
While filing TDS return, nothing to fill the details of deductee for amount of TDS against double payment.
Give both Challan reference numbers i.e, one for double payment and balance for adjusted payment for in Quarterly TDS return.
While filing TDS return, nothing to fill the details of deductee for amount of TDS against double payment.
Give both Challan reference numbers i.e, one for double payment and balance for adjusted payment for in Quarterly TDS return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Can partnership firm show income under 44ad
- Regarding ITR filing with more value than showing in AIS/TIS
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
