I am in a fix. Could anybody help me out ?
We are using WEBTEL wherein we are facing a problem that we have deducted less TDS on certain parties. the problem is that transactions with some of these parties have taken place only in Dec'09 i.e in previous Qtr & we have already filed TDS return for the Qtr '09.
Then how do we adjust it in this Qtr ending 31st March 10.
hi,
first of all make calcution of short deduction of parties and after making payment file correction statement.
After making payments of short deduction you can revise 3rd quarter return.
The Amount which is short deducted is deduct in this Quarter and shown in this qtr. TDS return also.
The whole year amount which was deducted as per law is match unless short deduction certificate was not given by assessee.
revise the return
| Originally posted by : CA Devanshi Gandhi | ||
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revise the return |
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What if the return for 4th quarter has also been filed.
CAclubindia
