Please Help: TDS
Posted Date : 05-May-2014 , 02:19:20 pm | Posted By: Laxmikant Lahoti
Category :
Income Tax | Answers :
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Comments :
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Can excess TDS paid be refunded or adjusted in subsequent returns? Plz quote reference with appropriate circular or notification |
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Answers:
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Answer by: CA Satuti Mahajan |
yes
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Comments |
Posted By : |
08-May-2014, 11:10:11 |
Excess TDS could be adjusted in subsequent payments only in case of Salary . Not in any other case. the only option available would be to claim refund at the time of filling return |
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Posted By : Harshal Ajmera |
08-May-2014, 10:54:53 |
yes, it can be adjusted, no circulars or notifications however the reference can be found it change log of RPU 4.1 and 4.2.
there was never any year wise restriction, problems were only technical. |
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