TDS wrong deposit.
This query is : Resolved
CA.Yogesh Patel
(Querist)
14 July 2011
Hello,
If one is liable to deposit TDS as under:
Sec 194 H Rs.31500
Now what should be done if one has deposited
Rs.340000.
What is the treatment of the extra payment of Rs.338500, can it be carry forward and be adjusted against TDS u/s 194C for next month.
Kindly guide.
Thanks
If one is liable to deposit TDS as under:
Sec 194 H Rs.31500
Now what should be done if one has deposited
Rs.340000.
What is the treatment of the extra payment of Rs.338500, can it be carry forward and be adjusted against TDS u/s 194C for next month.
Kindly guide.
Thanks
CMA Ramesh Krishnan
(Expert)
14 July 2011
Different section challan cannot adjust, you can adjust the excess for same section 194H payments in next month
hshivakumar
(Expert)
15 July 2011
or you can claim refund.
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- Reward for festival
- TDS Return Statement Status
- Import of Capital Machine
- Appointment of Auditor By Form ADT-1
- Form 144 TDS Return Validation error
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- Resigning a auditor from the company for misconduct
- LLP audit under companies act
- Concept of Vendor and customner reconciliation
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- INWARD REMITTANCE FOREIGN
- Indian IT Portal issue in computing tax as per UK-India DTAA
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
