TDS EXCESS PAID

Dear Experts,

We paid excess tds on rent for the month of March 08. My query is - how to get that tds back from the dept. Is it possible to adjust excess tds in the cur. fin. year -2008-09. If not how to adjust it? And will it cause any problem while filing the TDS returns.

Urgent please reply soon.

Replies (6)

While furnishing your return of income you can claim it by producing TDS certificate.

The deductor cab be cliam with his return of income at the time of Assessment

4IRZ

It is not possible to adjust the excess paid amount in current financial year.  Either you should set off against the business income are to claim refund from department by filing the return.

You cant adjust excess TDS paid Amt. You provide TDS Certificate to the Party of TDS deduct Party & adjust the Amt from Party A/c.If not clear concept ask me freely. I have 8 yrs experience in Account & Taxation. I face many problem like this & clear this concept with my CA. Thanking you.

Thanks Mr Batliwala, its good solution to recover excess paid tds through party, since party can adjust against their tax liabilities.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details