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.
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.
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