19 October 2012
Dear Sir, Suppose tds deducted in first quarter of fy 2012-13 is RS. 8000/-, however deductor deposited Rs. 12000/- through bank challan. Now I want to ask that, whether the deductor can adjust the excess Rs. 4000/- in 2nd Quarter in head of another deductee record or not. And whether the department can quetion the relevance of pre-deposited tax.
CAclubindia
