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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?
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Answer Posted / 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.
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