ish kumar sharma (Sr. Manager Accounts & Finance) (301 Points)
05 January 2016hi experts,
i have placed this question many times but received no response and i am worried.
Total tds demand was Rs 26521/- which i brought down to 5660/-by online correction of tds returns and which pertains to year 2011-12 and other preceeding years, and total unconsumed TDS is still Rs 105210/- which was deposited by wrong guidance by accountant. Can i use this amount in Q3 tds statement for the year 2015-16.
Please help me to get out from this situation.
Thanks in advance
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 05 January 2016
Tax paid in one AY can not be adjusted in another AY, but refund may be called, get in touch with your CA or PRO of Incometax for filing refund claim u/s 200A
ish kumar sharma
(Sr. Manager Accounts & Finance)
(301 Points)
Replied 05 January 2016
but the amount belongs to current financial year and amount was paid on 30th april 2015 , 7th april 2015, then???
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 05 January 2016
if the amount is related to current FY then you have option to adjust in coming months, or another quarter
CAclubindia
