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TDS challan excess paid

Adarsh Babu (49 Points)

27 May 2022

how to claim the amount excess paid in Tds challan?

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21 Replies

CA Aakarsh Jain (CA) (10431 Points)
Replied 27 May 2022

You can adjust it in next quarter returns

2 Like

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 27 May 2022

Unutilised Balance in the tds challan can be used in the upcoming months and make short payment to the extent of excess payment in the upcoming months .

But question arises , whether tds payment can be done before deduct?

Nidhi (Chief Accountant) (3150 Points)
Replied 27 May 2022

U can adjust in next month or quarter, as the case may be

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 27 May 2022

Check once from tds utility whether date of tds payment can be prior to tds deduction.

Kesavaraj S (581 Points)
Replied 27 May 2022

It is possible to adjust prior TDS payment in upcoming months TDS liability...

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 28 May 2022

For Tds demands it can be used but through regular statement of Tds , the tds utility may not accept

CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 13 June 2022

Either You can use such challan in next quarter TDS return or you can claim refund for that challan.

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 13 June 2022

If you consider the tds in next quarter then date payment is prior to the date of deduction . RPU may through error

CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 13 June 2022

Same is allowed in TDS returns.

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 13 June 2022

Go to latest RPU and check once

CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 13 June 2022

I already do many and no error occured

Eswar Reddy S (CFO- at NHTF) (58275 Points)
Replied 13 June 2022

Date of tds payment can't be prior to deduction..It is a special case and adjustment can only be done through traces for tds demand and it can't be used in regular tds statement