Excess deduction of tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2014 Sir,
I have deducted TDS on Vat amount by over sight, but after filling the tds returns it found.
Now what can I able to do whether the Tds paid is refunded?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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15 September 2014 No need to do anything. The deductee will get the credit of excess TDS while filing Income Tax Return.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2014 Sir,

In this case I discussed with the vendor but he is not supporting what is the next prodedure. He is asking for his tds deducted amount.

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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15 September 2014 You have to make him understand that he will get the credit while filing Income Tax Return. No other way.