As now new TDs rate came at 7.5% for professional fees ...
If a person pays @ 10% without knowing then can we adjust that remaining balance to next quarter???
if yes pls suggest how and how to file returns...
as challan amount will not match with TDs amount deducted...??
Menu
Tds amount paid in excess
Replies (4)
Quick Summary
Since you have deducted at higher rate, so you file the TDS return with higher rate only. Not an issue.
Regards
CA. Raj Doshi
Regards
CA. Raj Doshi
Yes you adjust remaining balance in next month
Thank you sir...
Sir,
Would like to add TDS can be adjust in same quarter.
And I suggest instead of adjust it's OK for higher deduction of TDS and can be claimed in IT.
Recent Topics :
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
Related Topics :
CAclubindia
