Advance Deposit of TDS

[Guest]

is it possible to adjust TDS which is deposited in previous Quarter in the Same Financial Year

e.g.

TDS Deposited with Income Tax Department (but not Deducted) Under Section 194J in Q 3.

now it is deducted in Quarter 4.. 

is it possible to claim Advance Deposited TDS in Q 3 with Dedicted in Q 4.

[Guest]

Yes it is possible only if we have shown in Q3 that there is excess TDS deposited & also the amt of Unutilised challan 

AI Summary

Adjustment of TDS Deposited in Quarter 3 for Section 194J Allowed if Reported Correctly in the Same Financial Year. A user inquired about the possibility of adjusting Tax Deducted at Source (TDS) deposited in the previous quarter within the same financial year. Specifically, TDS was deposited under Section 194J in Quarter 3 but deducted in Quarter 4. The response clarified that this adjustment is possible if the excess TDS deposited and the amount of the unutilized challan are reported in Quarter 3.