Excess tds

This query is : Resolved

naveen (Querist)
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18 April 2015 Our company has paid excess tds of Rs. 19258/- for Qtr. 4th 2015 (It includes 5242/- of 3rd qtr. 2014.

Can we carry the excess amount to next financial year. please advise.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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18 April 2015 The amount excess deposited in a financial year will be refunded by the department after processing all the TDS statements of the said financial year. As such , it can not be c/fd to the next FY.
.

Rupesh Jain

Rupesh Jain (Expert)
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18 April 2015 you can not c/f the tds amount in next qtr or from previous qtr. you can claim refund of excess tds deposited

www.charteredclub.com/tds-refund/

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naveen

naveen (Querist)
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22 April 2015 Thanks both of you.....wht is procedure to claim excess tds.