https://www.taxtmi.com/forum/issue?id=1438 Once the Finance Bill received presidential assent and is notified in the gazette, TDS on domestic payments for the financial year must be deducted without surcharge and cess; if surcharge/cess was already deducted and returns are not yet filed the deductor may treat it as excess deposit and adjust against future liability, but where TDS returns showing surcharge have been filed the amount cannot be adjusted later and the deductee must claim refund or adjust in their return or the deductor may file a refund claim. en-us Sun, 23 Aug 2009 13:42:32 +0530 Thu, 23 Jan 2025 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1438 Once the Finance Bill received presidential assent and is notified in the gazette, TDS on domestic payments for the financial year must be deducted without surcharge and cess; if surcharge/cess was already deducted and returns are not yet filed the deductor may treat it as excess deposit and adjust against future liability, but where TDS returns showing surcharge have been filed the amount cannot be adjusted later and the deductee must claim refund or adjust in their return or the deductor may file a refund claim. Discussion-Forum Income Tax Sun, 23 Aug 2009 13:42:32 +0530 https://www.taxtmi.com/forum/issue?id=1438