07 July 2020
Hello All, I have a question on TDS, appreciate your clarification. We have deducted TDS from Supplier's invoices focr previous year's ie. for FY 2018-19 TDS paid in FY 2019-20. Assuming that the Supplier has already filed his IT Returns for FY 2018-19 and paid the required Tax, can I submit a claim for refund of the TDS that was paid? Please explain the process to be followed. Regards
07 July 2020
Thank you for the reply, Sir. So I will have to wait for the deductee to claim refund and then pay me back the TDS amount that I have paid. Also this TDS amount cannot be used and applied any other Supplier Invoice, correct.
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