Tds paid twice.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 January 2014 There are 4 concurrent auditors in bank. Accountant of bank has made twice payment of TDS of Rs.60,000/- in july'13 and again in sept'13 (Ratio 1:2:3:4).Now 2 concurrent auditors are not with us. Only in march '14 tds liability will occur for remaining 2 partners only.Now the question is that ,how we can adjust this, against future tds liability in same F.Y with same concurrent auditors. Plz explain me with the above given data.

Thanks in advance.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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20 January 2014 you can adjust...in the next TDS return, you need mention the details of the earlier challan and in deductee columns apportion the challan amounts against the deduction for the current quarter..

Querist : Anonymous

Querist : Anonymous (Querist)

24 January 2014 But only 2 concurrent auditors will remain in next quarter , against which we can adjust excess paid tds ,but what about remaining two auditors?

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