TDS Challan Tagging

Hi,

I have paid excess TDS under section 195 ,can I adjust the same against TDS paid under section 194.

Replies (1)

You can adjust excess TDS by carrying it forward to future quarters within the same financial year or by filing a correction statement on the TRACES portal to re-allocate deductees to a different challan. If adjustment is not possible, you may apply for a refund through your jurisdictional Assessing Officer.

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