03 October 2009
Dear Sir, Our Co. Paid Excess TDS in the month if April 2009 by mistake, Can we able to take setoff of that Excess TDS paid in subsiquent month, Suppose quarterly return is not submitted or we had made proper changes in the return. The only problem is that, the date of TDS deposit is prior to the Date of TDS credited. For ex : TDS deposited as on 6-5-2009 but TDS deducted in books is 7-5-2009 to 30-6-2009(Diff-Diff parties). Please reply me soon.
03 October 2009
Tally to Assesment year on that challan which you have deposited. if assesment year is 2010-2011 then you can adjust it in relavent year
CAclubindia
