Tds payments
This query is : Resolved
18 October 2013
1)case.
For one of my vendor, TDS is deducted excess in last year. He is asking to set off the same in current year TDS payment, is it permissible??
2) case.
For Sept'13 in one party, We have deducted less TDS. Its a running party. can the same be paid in next month due date. Or it is compulsory to pay now. If I pay as payment of Sept'13 month. Than I also need to file a revised return to let the party claim deduction.
Please help.
For one of my vendor, TDS is deducted excess in last year. He is asking to set off the same in current year TDS payment, is it permissible??
2) case.
For Sept'13 in one party, We have deducted less TDS. Its a running party. can the same be paid in next month due date. Or it is compulsory to pay now. If I pay as payment of Sept'13 month. Than I also need to file a revised return to let the party claim deduction.
Please help.
18 October 2013
1. No its not possible by Way of TDS. But by way of debit note or credit note you can adjust.
2. You have to revise the return whenever you pay TDS With the interest.
CA Ankur Mehta
(Jai Jinendra)
2. You have to revise the return whenever you pay TDS With the interest.
CA Ankur Mehta
(Jai Jinendra)
Message likes :
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18 October 2013
Agree with Ankurbhai
Thanks
Thanks
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