Wrong deduction & Deposit of TDS
This query is : Resolved
15 February 2010
Dear Sir(s),
We have made wrong deduction of TDS of one party & also deposited the same for the year 2008-09.TDS was wrongly deducted.
Now, that party is not accepting TDS certificate & wants payment.
We want refund of TDS wrongly deposited?
Any options?
We have made wrong deduction of TDS of one party & also deposited the same for the year 2008-09.TDS was wrongly deducted.
Now, that party is not accepting TDS certificate & wants payment.
We want refund of TDS wrongly deposited?
Any options?
CMA Ramesh Krishnan
(Expert)
15 February 2010
Better convince the party and make accept the TDS certificate ,becasue TDS certificate also nothing but Cash. otherwise
Make return show as TDS excess paid and can be claimed through adjusting against your income tax after getting permission from A.O but it will take long process
Make return show as TDS excess paid and can be claimed through adjusting against your income tax after getting permission from A.O but it will take long process
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Transfer of Physical Stock Between Two Proprietorship Concerns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Taxation of crypto futures in India Fy 2026- 2027
- Oct 2025 Invoices
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
