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Adjustment of excess tds paid

TDS 1930 views 4 replies

I have made some excess TDS payment in FY 2010-11 under section 194C i.e TDS on Contractors. If I found that for the same FY i.e 2010-11 I there is some short payment of TDS u/s 194H i.e TDS on Commission. Kindly let me know can the same be adjusted or I will have to pay TDS u/s 194H alongwith Interest

Replies (4)

NO IT IS NOT POSSIBLE ,

YOU HAVE TO PAY BALANCE AMT OF TDS FOR REFUND OF EXCESS  TDS CONTACT TO A.O

Getting refund.............

My (un)sincere advise  - Though I should not is - quote sec. `194C and file the correction return. ? should U quote 194H. 

u can revise return but not challan b/c in challan u hv mentioned sec 194c.therefore just fill up the tax short deducted u/s 194c & claim refund

FOR EXCEE DEPOSIT OF TDS.U CAN TAKE REFUND..

FOR SHORT DEPOSIT,DEPOSIT WITH INTEREST.


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