TDS DEDUCTION

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altmish (Querist)
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05 April 2011 i am an accountant in a company
my question is I have deducted TDS of company parties of rupees 19000/- in 3rd QTR 2010-11 but i have wrongly deposited TDS of rupees 21000/--
my questions is can i adjust excess 2000/- in 4th QTR like i will deduct 19000/- but deposit only 17000/- is it possible ?
please answer this questions or provide solution of this topic

CA Navin Jain

CA Navin Jain (Expert)
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05 April 2011 you can not do that, but you can transfer expenses in the 3rd qtr if its possible

altmish

altmish (Querist)
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05 April 2011 i know sir but it is not possible to transfer any other solution for that please elobrate me

CA Navin Jain

CA Navin Jain (Expert)
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05 April 2011 YOU CAN APPLY FOR REFUND TO EXCESS TDS DEPOSIT, BUT PROCEDURE IS VERY DIFFICULT

altmish

altmish (Querist)
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05 April 2011 sir any other procedure because tds deducted is same year 2010-2011 excess amount in 3rd QTR i am deducting TDS on rent and please specify how i transfer expenses in 3rd QTR