TDS Query

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 July 2010 The Deductor has paid Excess amount of TDS U/s. 194C for Q3 in financial year 2009-10. Such excess amount was partly adjusted against amount payable for Q4 for financial year 2009-10. Still Rs. 3000/- was paid excess at the end of Q4 for FY 2009-10. Such excess amount was carry forward in account in balance sheet as on March 31, 2010.


This excess amount was adjusted against amount payable for Q1 for FY 2010-11.

My Question is whether Such excess amont for F.Y. 2009-10 can be adjusted against F.Y. 2010-11.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
12 July 2010 No. Such adjustment is not possible.
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