Tds

This query is : Resolved

preet prakash (Querist)
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13 October 2014 Hi All
It's a partnership Firm, I deducted TDS but didn't pay in F.Y. 13-14, CA has already filed the Return without dis-allowance.I paid TDS on 13.10.2014. do i have to revise the Return for F.Y.2013-14 for Q3 ??????????

@VaibhavJ

@VaibhavJ (Expert)
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13 October 2014 Hi

Yes, you will required to revise E-TDS return.

Thanks

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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13 October 2014 Yes you have to file the revised the return otherwise the deductee will not get the credit of the TDS amount.

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preet prakash

preet prakash (Querist)
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21 October 2014 Hi all
It’s a Partnership firm, I deducted tds & paid of Rs 10,000/-, later on the party gave Form 15G, I paid him gross amount. Should I file the Return for Q2 , party is not ready to file Income tax Return & claim refund, what about my money, will I get refund, I hv not filed the return yet should I file???????????

@VaibhavJ

@VaibhavJ (Expert)
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21 October 2014 Hi

You can also use this credit for another party under same section in subsequent period.

Thanks

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