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
Menu
Adjustment of excess tds paid
Replies (4)
NO IT IS NOT POSSIBLE ,
YOU HAVE TO PAY BALANCE AMT OF TDS FOR REFUND OF EXCESS TDS CONTACT TO A.O
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.
Recent Topic
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
Related Topics
CAclubindia
