please help in trouble........

please provide the complete Details .
write clearly, wht is the problem & wht u wnt to do ?

i want to file his IT return before 30 th Sept.
 

the problem is his tax u/s 194 H has been paid of Rs.7.5 lakhs without ne name by the CA for  A Y 2008-09 where the TDS only amounts to around Rs.2.5 Lakhs.

now this yuear too he has not deducted tax nd his interent comission paid amount6s to around Rs.18 Lakhs. so can i file his tds in the last quarter and adjust this years tds amount with the excess of last year....

please rteply as soon as possible.plzzzz.

Current year tax liability cannot be adjusted with previous year excess payment of TDS. U can claim refund of TDS of F.Y.2007-08 and if no return claimed in previous year return a revised return in this regard can be filed.

First of all u can not take set off with last yrs excess deposit, so file this year return by 30th sept. 09.

If the TDS has not been deducted & nor has not been paid the expense of internet commission will not be allowed against income.

But if u want to claim the expense then you have to deduct & pay the TDS with interest before 30th Sept. 09.

Important thing is that the TDS which you deduct & pay now should appear in the books as liability as of 31/03/09.

Second thing if Tax Audit is also applicable to ur client then this non-payment should come under section 43B & u hv to shw that the unpaid liability of TDS is paid before filing of return i.e. before 30/09/09 thru this you can claim the current year expenditure.

Now for Last year youc can file the revised return & claim ur excess payment as refund.

But the paymentt for the TDS was made on 22/12/2008 for th Ay 2008-09.....