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Tds paid in "advance"

TDS 766 views 4 replies

Dear All,

Can Tds to be paid in Advance? i.e., (prior to make payment and to deduction of TDS)?

 

Ex: TDS challan paid on 06.05.2013, But Tds was deducted on 31.01.2014.

Question is: Can that particular challan will used in 4th Quarter Tds Return of 2014?

 

Regards

 

 

Replies (4)

No, it cannot be used.How can u pay TDS without deducting it, seems to be illogical?

agreed with kuldeep, but i 'm not sure

DEAR MARUTHI,

I HAVE SAME CASE AS YOUR. I HAVE FILED THE TDS RETURN U/S 192B AND IT'S PROCESSES WITHOUT ANY DEFAULT FOR FY 2012-2013. SO ACCORDING TO MY OPINION YO CAN USE THE ADVANCE PAID TDS CHALLAN FOR ANY QUARTER OF THE SAME FINANCIAL YEAR. FOR MORE QUERY U MAY CONTACT TO TDSCPC ON THIS MATTER.

 

Agrred with Naveen Kumar.......

            You use the same in the same financial year in any Qtr...............

 


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