Hi,
we have deducted TDS on interest paid during FY 18-19. But the party has submitted 15G.
Can we show the deducted TDS as excess paid and adjust it against future payment?
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TDS deducted on interest
Replies (2)
You can adjust it with someone else
otherwise ask that person to file it and take refund of tds
otherwise ask that person to file it and take refund of tds
Different A. Y so you cannot adjust in next F. Y. If you have already deducted tds then the person jst need to file his itr and get refund.
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