Adjustment of excess tds deducted

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..... if tds has been deducted in excess ( under all sections of TDS) can the excess be adjusted against future tds liability and what is the process can the etds return be revised - Reply By Rahul Bagaria .....

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..... - The Reply = you can adjust the excess tds if the transaction pertains to the same quarter. However if the transactions are occuring between two quarters you need to file a revised return by adjust .....

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..... ing the excess liability - Reply By Mukesh Kumar - The Reply = Deduction of excess TDS is one thing and deposit of excess TDS other thing. once you deposit the excess TDS after being deducted in exce .....

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..... ss and shows accordingly, only the way is to revise the return, if already submitted. Otherwise, I believe that the same by adjusted with the next quarters liability but it is doubtful that it can be .....

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..... carried forward to next year. - Adjustment of excess tds deducted - Query Started By: - madhavvan Dated:- 27-5-2009 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, re .....

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..... ply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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