banner_ad

Excess Withhold Tax Deducted

TDS 7186 views 1 replies
During March year end, if we creat a provision for some services and deduct the withhold taxes thereon but while making payment to the vendor in the next Fin. year against this provision , TDs is deducted again erroneously.  Can this TDS be adjusted against some other party's TDS. what is the right thing to do in such a case.
Replies (1)
It is not clear from your query whether the second time deducted TDS has been deposited to Govt. or not. If deposited you can adjust this with any other party and if not deposited then correct the entry of your second wrong deduction.

Sanjay Garg


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details