Hello Members,
I have a query on payment of TDS compounding Fees. The total compounding amount payable is 11 Lacs for 3 different assessment years.
We have also paid excess TDS amounts in the past which is amounting to around 3 Lacs across 4 different assessment years. This amount of 3 lacs is lying in unclaimed / partially claimed challan status in Traces.
May I request someone to please advise if we can adjust/ utilise this unclaimed TDS towards payment of compounding fees and pay only 8 Lacs ?
Thank you.
Regards,
Jayshree
CAclubindia
