Sir,
Excess deducted and paid tds in A.Y.2012-13 (in q4) for one party, whether it is possible to
adjust in A.Y.2013-14 ? please reply at the earliest.
thanking you,
mahender
G.Mahender (Executive accounts) (73 Points)
01 June 2012Sir,
Excess deducted and paid tds in A.Y.2012-13 (in q4) for one party, whether it is possible to
adjust in A.Y.2013-14 ? please reply at the earliest.
thanking you,
mahender
Honey
(student)
(134 Points)
Replied 01 June 2012
If TDS Return not filed till date then it is possible, otherwise accounting entry can be made in books of account adjusting TDS already paid. No need to do anything with TDS return, Let it be excess.
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