banner_ad

TDS Excess Deposited Adjustment

Others 300 views 1 replies
On Payment we deducted TDS, paid and filed in return also of Mar-2020
but later when invoice received vendor has shown material and services value seperately and accordingly our TDS deduction is excess

Can we adjust the excess TDS deposit against invoices of current year
Replies (1)
You should revise the TDS return.

eg Material rs.100000,Service 50000 = total sales invoice 150000

original Tds return would have figures reported as under
Gross amount 150000 ,Tds 1500

revised TDS return to be done and figures reporting as under
Gross amount 50000 , tds 1500


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details