EMPLOYEE AS ACCOUNTANT
91 Points
Posted on 26 April 2016
Dear Sir,
As you said, we can utlise excess paid challan in next quarter if it is unutilised.
So, Can we utilise the Tds challan paid in March'16 i.e. F.Y 15-16 for next F.Y. i.e. 2016-17.
Also find here one link where they are saying we can uitilise excess TDS Deposited in One Section/ AY can be adjusted in another Section/ AY. https://www.simpletaxindia.net/2014/09/excess-tds-deposited-in-one-section-ay-can-be-adj-another-section-ay.H T M L#axzz45yrZXRl5
Thanks & Regards
Manoj