LIVE GST Certification Course by CA Arun Chhajer begins 21st April. Register Now!!

Tds deducted twice u/s 194 j for the month of september 2015

Gayatri N (student) (138 Points)

08 October 2015

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.

Reply
Follow
Share

7 Replies

VIPINKUMAR K TIWARI (Financial Professional) (196 Points)
Replied 08 October 2015

Must consider as advance payment and prepare return....

1 Like

CA Rajat Bajaj (Job) (1042 Points)
Replied 08 October 2015

Rule 31A, you can claim refund of excess payment, submit form no. 26B. Kindly refer rule 31A for details.

1 Like

Gayatri N (student) (138 Points)
Replied 08 October 2015

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

Gayatri N (student) (138 Points)
Replied 08 October 2015

As those parties are regular on monthly basis hence instead of claiming for refund it will be better to show it as advance.

Hari Venkata Ramana (General Manager Accounts) (26 Points)
Replied 08 October 2015

Refund will become expensive and time consuming. Better option would be treating as advance and reflecting in the returns Gross as well as TDS with party details.

Jaya prakash (Accounts & Finance Executive) (45 Points)
Replied 08 October 2015

Hi u can adjust the amount for next month tds payment.you can use same chAllan for 3 rd quarter ads returns filling

Jaya prakash (Accounts & Finance Executive) (45 Points)
Replied 11 October 2015

No there is no seriously obligation we have to show in 2 quarter. Traces made simplified now we can use any challan for any quarter so don't worry. Now all people are paying single challan for every month there is no requirements we have to pay section wise also.