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
- 31876 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 |
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
What is the last date of depositing tds deducted on 31st of march.
what is vat adjustmant?
how much tax would be deducted and interest can be gained on 15 lakhs by senior citizen?
what is the under group of tds payable. when deducted tds on salary.
different types of form in which purpose used that is 403,402, c form, d form e1 form, f form, h form, e2 form
can we have benefit of CST in VAT (Haryana). explain?
If an employee joins a new company, who is liable to transfer his PF amount from old company to new company, and what is the process for that ?
2 Answers Shanker Infra And Allied Services,
We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?
Explain the Calculation of Sales Tax?
0 Answers Cognizant, Petron ltd,
what is the tax that is levied if company crosses 1.5 crores turnover
what is the journal entry of outstanding wages ?
27 Answers ABC, OBI,
Audit 
