We have deducted TDS u/s 194 J for the month of September 2015 but for which payment is been made twice in the month October 2015 and it will get mentioned in the return for II nd Quarter , what is the remedy? What we will have to mention in our tds return or can it be adjusted as advance towards next month tds liability as it is in our regular deductees list. Then in such case will we have to mention the gross amount alongwith the double tds paid amount. Kindly guide for the same.
Must consider as advance payment and prepare return....
But in such case even will i have to mention the gross amount eg if 30,000 is the amount on which advance tds is deducted of Rs.3,000
As those parties are regular on monthly basis hence instead of claiming for refund it will be better to show it as advance.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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