tds

This query is : Resolved 

11 July 2011 if some one deduct Tds & does not issue tds certificate in appropriate time,what will be the concequence?

12 July 2011 For the same amount of TDS we can't get credit and we need to pay excess tax, for the same reason the person who ever had deducted your tds should remit it to the treasury, then the person can give you a tds certificate by giving the acknowledgement number of filing of tds return. Until and unless the same is done, you are not eligble for credit.

12 July 2011 Thank u sir,
sir, Please tell me if the deductor deduct tds & deposited it with in the time period & further he does not issue/send tds certificate, in this case what will be happen?




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