wrongly TDS Deducted include servicetax

Save Share

This query is : Open

Subramanyam (Querist)

27 January 2017 we have deducted TDS on include of service Tax. from starting Apr-16 to till date of all bills(which applicable bills) today we came to know before service tax should be deducted. We have deducted and paid to govt, also In E-returns showned even though issued form 16 for Q1 and Q2 to all vendors , in Audit they found us what to do know Need help on this.....

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

27 January 2017 No need to worry the excess deduction is only a meagre amount gone to the credit of deductee which can be adjusted in their tax payment.
Take care in future deductions. No problem.

Message likes : 2 times

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

28 January 2017 You have deducted Excess to the extent of Service Tax amount, Excess deduction and remittances not an issue but follow the rules in future as informed by fellow expert .

Subramanyam

Subramanyam (Querist)

28 January 2017 thanks for suport

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now