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 ?
CAclubindia
