banner_ad

Excess tds payment adjustment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 July 2013 Dear Sir
We have paid TDS on rent of Rs.212198 on 07/02/13 for the month of Jan.2013 i.e. for Asst.Year 2013-14.

In fact we have to pay TDS of Rs.45530 but we have paid Rs.212198 resulting in excess
TDS of Rs.166668. Now we wish to file TDS return of Rs.45530 in FY 2012-13 4th qtr against the challan mentioned above.

Now our question is whether we can adjust TDS Rs.166668 which was wrongly paid excess on 07/02/13 in TDS return of FY 2013-14 2nd qtr against rent payment & TDS thereon of FY 2013-14 ?

Please advise.
Profile Image

Hemant Kumar

Profile Image

Hemant Kumar (Expert)
22 July 2013 You can not adjust such amount in next f.y.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
22 July 2013 Concept of adj excess tds paid in next FY is not there.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
25 April 2026
Tax Executive/Manager

BDMV & Co, Chartered Accountants

Mumbai

CA Final

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

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

Aggarwal Sarawagi and Co

New Delhi

CA

View Details