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TDS ADJUSTMENT

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URGENT PLEASE...

 

TDS has been deducted on the  amount paid to a PSU u/s 194A. Actually the amount paid is not liabile for TDS.   The deductor has requested the PSU to claim from the Departmetn since the deductor has issued Form_16A. 

Can the deductee has option to adjust the TDS deducted from the regular TDS remittance from the branch Section 194A or any other section?

Also send any case law is existing for the similar case.

Kindly advise how the deductee can claim the TDS which was wrongly deducted from the amount paid by the deductor?

regards.

 

Replies (3)

You will get the claim TDS, which was deducted by deductor at the time of filling the Income of return then where is the problem?

File your income tax return. claim TDS as  refund. 

the deductee (PSU) can claim such TDS under his return and can claim refund for such amount   and one more option you have the deductor can revised his tds return for the said period and can adjust it according to his settings which i don't want to say you openly hope you understand

Originally posted by : AMMU KUMARA SARMA

URGENT PLEASE...

 

TDS has been deducted on the  amount paid to a PSU u/s 194A. Actually the amount paid is not liabile for TDS.   The deductor has requested the PSU to claim from the Departmetn since the deductor has issued Form_16A. 

Can the deductee has option to adjust the TDS deducted from the regular TDS remittance from the branch Section 194A or any other section?

Also send any case law is existing for the similar case.

Kindly advise how the deductee can claim the TDS which was wrongly deducted from the amount paid by the deductor?

regards.

 


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