Tds deduction
This query is : Resolved
Amol Sabale
(Querist)
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 .
CA. Subhash Dangi
(Expert)
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
