Excess TDS on Contracts
Jigar (B.Com) (153 Points)
03 June 2021If I deduct TDS on total amount in place of taxable amount is there any violence of law. Dose any problem arise in future??
CA Subhankar Basu
(Chartered accountant )
(318 Points)
Replied 03 June 2021
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 03 June 2021
CA Subhankar Basu
(Chartered accountant )
(318 Points)
Replied 03 June 2021
Sivaramaraju G
(Learner)
(2398 Points)
Replied 04 June 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 04 June 2021
No violation of provisions of law for excess deduction. However, the deductee might object to it. In respect of the transaction that has already been done, if you are able to convince the deductee no problem I think.
CA.S.Pradeep B.Com.,FCA.,
(CA in practice)
(105 Points)
Replied 06 June 2021
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