excess tds payment
RAJU MEDAR (ACCOUNTANT) (110 Points)
30 April 2018one of my client has paid excess tds in qtr 4
can we claim refund or adjust to next year
please suggest me what to do and how to do
RAJU MEDAR (ACCOUNTANT) (110 Points)
30 April 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178334 Points)
Replied 30 April 2018
Yes.
In case tax has been deposited more than the required tax deducted at source for a particular Assessment Year, the excess amount of tax can be claimed in the following quarters of the relevant year. The balance amount if any, can be carried forward to the next year for claim in the TDS statement.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178334 Points)
Replied 30 April 2018
Yes, by filing form 26b as per attached tutorial.......
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178334 Points)
Replied 30 April 2018
e_tutorial__tds_refund