Shweta Garg (CA FINAL Executive(Payables)) (147 Points)
11 June 2010Hi All, its urgent. TDs has been dedctd on advnc paid to the suppleir and certificate is also issued for the same amount dedctd. now, the supplir gave two diffrnt bills: for sale of material and chrgd CST : for installation services and chrgd service tax. problem is how to file the return bcoz the amount on which tds been dedctd is more and the actual is very less.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14487 Points)
Replied 11 June 2010
Detail for full amount in which TDS dedcted and deposited. there is no mater how much expences bill recd. its advance.
Akhil Gupta
(Manager F&A)
(856 Points)
Replied 11 June 2010
In my opinion there is no such a big problem. Simply take in confidence and talk the supplier that he will get the refund from Income Tax Department after filing of return. and file your TDS return normally.
The above practice was followed by me when I met the same circumstances about 3 years back the matter was sorted out. No query was even raised by the Income Tax Department.
However, this my personal opinion, views from senior member are solicited.
SIVASIVA
(FCA, Future CA)
(4935 Points)
Replied 11 June 2010
Undoubtedly, returns should be filed on the Advance amount paid and not the bill. the deductor may collect the difference between the advance paid and bill from the Deductee.
Hope this could have cleared your doubt SHWETA
Shweta Garg
(CA FINAL Executive(Payables))
(147 Points)
Replied 12 June 2010
Akhil, filing TDS return normally. means with the actual bill amt of installation and the actual tds deductd earlier or the tds calculatd on the bill amt.
Akhil Gupta
(Manager F&A)
(856 Points)
Replied 12 June 2010
Filing TDS return normally means by giving the reference of the amount of advance payment on which TDS was deducted.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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