Tds deducted bymistakely

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59 Points Posted on 03 August 2021
Tds provisions are not applicable to party,but i bymistakely deducted his tds. Can i reverse it in the next month on the grounds that tds provisons are not applicable to him?? Or i need to make payment compulsory since i deducted
his tds??
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On 03 August 2021 at 10:11 Report
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Quick Summary
If you've mistakenly deducted TDS for a party where it's not applicable, you might be wondering how to rectify the situation. The advice suggests that you can revise your TDS return to correct this error. It's also mentioned that if you've missed the payment deadline for a deducted TDS, revising the return is the recommended course of action.

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1236 Points Posted on 03 August 2021
Reverse why wait for next month?
1 Reply
On 03 August 2021 at 11:40
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59 Points Posted on 03 August 2021
Quarter is already ended
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On 03 August 2021 at 11:57
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Practicing Professional
161 Points Posted on 03 August 2021

You can revise the TDS Return.

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On 03 August 2021 at 12:19
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59 Points Posted on 03 August 2021
I have deducted tds for the month of June.. But failed to pay it in July nd payment still pending
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On 03 August 2021 at 12:23
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Chartered Accountant
24588 Points Posted on 03 August 2021
Reverse the TDS
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On 03 August 2021 at 12:40
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Chief Accountant
3150 Points Posted on 04 August 2021
Revise your TDS return
1 Reply
On 04 August 2021 at 00:56

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