excess amt. deducted

EVEN I GOT THE SAME DOUBT.

hi

i also want to know the treatment of excess amount of tax deducted.

FRIENDS. I THINK I CAN SOLVE UR DOUBTS WITH THE EXAMPLE:

AS PER SEC 194C, TDS RATE IS 2% FOR JOBWORK ETC. IF U DEDUCT TAX @ 10% BY MISTAKE, IT WILL ONLY AFFECT UR CREDIT AS A CA. THERE IS NO PROVISION FOR EXCESS DEDUCTION IN THE IT ACT. THE DEDUCTEE IS EMPOWERED TO GET THE REFUND OF EXCESS TAX DEDUCTED FROM THE DEDUCTOR ONLY IF THE DEDUCTOR HAS NOT ISSUED THE CERTIFICATE FOR THE EXCESS DEDUCTION.

okay thanks

I THINK MR. RITESH IS  AGREE WITH ME. THANK U MR. RITESH...

FRIENDSHIP NEEDS NO FORMALITIES LIKE THANK U ETC...

I THINK THIS DISCUSSION HAS ENDED.

show amount deducted as tds in ur return, if it is excess deducted then u'll automatically get a refund. No worries