Deductor deducted Rs.10000 as TDS of Party ABC u/s 94 C twice. i.e. total credit given to ABC is Rs. 20000. 1st deduction was done last year. 2nd (wrong) deduction was done in Q1 of current year and TDS return duly filed.
Can the TDS return of Q1 of current year be revised to give nil credit to ABC in Q1?
yes
but if ur business is continous then tds adjust with next bill
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