22 April 2010
I suppose you are wanting to adjust excess 94H payment in 2009-10 with 92 tds due relating to the same year. In this situation you can adjust the same. However you need to file the TDS return accordingly. Also you need to intimate the TDS Officer about the adjustement.
22 April 2010
I THINK YOU CAN NOT ADJUST THE SAME AS YOUR RETURN WILL NOT BE VALIDATED. I.E. DEDUCTION U/S 194H ADJUSTED AGAINST SEC 192. IN MY VIEW NOT POSSIBLE. BETTER WRITE A LETTER REGARDING EXCESS PAYMENT MADE WITH RELEVANT DETAILS AND CLAIM REFUND. VIEW OF OTHER EXPERT SOLICITED.
CAclubindia
