25 January 2012
BY MISTAKE TDS ON RENT HAS BEEN DEDUCTED AMOUNTING TO RS. 100000. HOWEVER RS. 60000 HAS BEEN ADJUSTED DURING THE RELEVANT FINANCIAL YEAR. HOW CAN WE ADJUST BALANCE RS. 40000. CAN IT BE ADJUSTED IN THE NEXT FINANCIAL YEAR? ALSO TELL THE PROCEDURE FOR THIS?
25 January 2012
You can not adjust it in the next financial year. . You will be refunded this amount by the department on the basis of your e-tds returns filed. . You may refer Section 200A for knowing the procedure.