Interested to Buy Any Domain ? << Click Here >> for more details...
What can be done incase of excess payment of TDS Remittence
than the actual amount? Is there any adjustment towards the
excess amount with the upcoming TDS payment?
- 8 Answers
- 32351 Views
- TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / gayatri
The excess TDS paid can be adjusted with the upcoming TDS
payments.
| Is This Answer Correct ? | 52 Yes | 6 No |
Answer / v.mohan
it can be adjusted in upcoming tds payment and it should be
adjusted in same fanancial year. we cant adjust in next
financial year for previous year's excess tds payment
| Is This Answer Correct ? | 36 Yes | 17 No |
Answer / rajani ingle
The excess TDS remitted can be adjusted in the same
financial year. But due care should be taken that the
adjustment should be within the same category. For eg. in
case an excess TDS has been remitted to the Govt. under
Section 194C ( contractual payments) under the Non Company
category, the adjustment should neccessarily be towards the
TDS payments under 194C non company category.
| Is This Answer Correct ? | 20 Yes | 6 No |
Answer / manish kumar shah
yes the amount can be adjusted but should be under the same
head under which it was deducted
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / hemant dubey
Excess payment of TDS can be adjusted in upcomeing TDS
Payments in sames financial year
but its categry must be same.
like rent tds to be adjusted form rent
salary tds to be adjusted form salary
| Is This Answer Correct ? | 11 Yes | 5 No |
Answer / n ganeshan
IF AT ALL UNABLE TO ADJUST THE EXCESS TDS MAY BE TREATED AS ADVANCE BUT FOR WHICH ADV AMT TO BE RECD FORM THE RECIPIENT OF THE TDS. SO THAT FOR NEXT FY THE SAME GET ADJUSTED AUTOMATICALLY.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / a
Answer is right but please provide the section no where such is written. Its written for salary in 192(3). but what about 195 payments
| Is This Answer Correct ? | 3 Yes | 0 No |
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
Rse dear., i am not filing my nil return. Now i started to provide Insurance Advise to my client. but my TDS is deducted from my Rs.3000. so i want to stop this deduction, plz sugest any information. thanking you.
What qualification require for become a tax consultant ? what the future in this..???
what are the indirect taxes?
what is tds ?
What is DSCR and how to calculate the same.
compute income tax for the nett income of Rs 325560 In case of Individual Resident women Senior citizen Firm add education cess on the tax
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
What is the difference between Mortgage, Pledge and Hypothecation? Reply.....
How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.
What is Advance Payment of Tax?
what is PBT? FBT? how they are calculated?
Audit 
