What can be done incase of excess payment of TDS Remittence
than the actual amount? Is there any adjustment towards the
excess amount with the upcoming TDS payment?
- 8 Answers
- 30299 Views
- TCS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / gayatri
The excess TDS paid can be adjusted with the upcoming TDS
payments.
| Is This Answer Correct ? | 52 Yes | 6 No |
Answer / v.mohan
it can be adjusted in upcoming tds payment and it should be
adjusted in same fanancial year. we cant adjust in next
financial year for previous year's excess tds payment
| Is This Answer Correct ? | 36 Yes | 17 No |
Answer / rajani ingle
The excess TDS remitted can be adjusted in the same
financial year. But due care should be taken that the
adjustment should be within the same category. For eg. in
case an excess TDS has been remitted to the Govt. under
Section 194C ( contractual payments) under the Non Company
category, the adjustment should neccessarily be towards the
TDS payments under 194C non company category.
| Is This Answer Correct ? | 20 Yes | 6 No |
Answer / manish kumar shah
yes the amount can be adjusted but should be under the same
head under which it was deducted
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / hemant dubey
Excess payment of TDS can be adjusted in upcomeing TDS
Payments in sames financial year
but its categry must be same.
like rent tds to be adjusted form rent
salary tds to be adjusted form salary
| Is This Answer Correct ? | 11 Yes | 5 No |
Answer / n ganeshan
IF AT ALL UNABLE TO ADJUST THE EXCESS TDS MAY BE TREATED AS ADVANCE BUT FOR WHICH ADV AMT TO BE RECD FORM THE RECIPIENT OF THE TDS. SO THAT FOR NEXT FY THE SAME GET ADJUSTED AUTOMATICALLY.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / a
Answer is right but please provide the section no where such is written. Its written for salary in 192(3). but what about 195 payments
| Is This Answer Correct ? | 3 Yes | 0 No |
IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
If IOCL give turnkey project to any contractor who will be got benifited with respect to tax(Direct/Indierct) and how.
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?
please explain me brifly procedure of monthly tds filling
If Seller invoice is within the state and material loaded from other state and deliver within the state then the C Form required or not if required than seller arrange the c Form or Purchaser
Dear friends, How can we get refund of WCT?
what is mean by wct
The Bank FD matured. The amount was Rs.500000, Interest was Rs.25000, The TDS was 10%, What is Journal Entry for this.
How to calculate service tax in construction catatory
Cst 1% is applicable for which state in india/
Audit 
