Query - Wrong TDS Payment : Resolved

Query:

Dear friend.

        I made tds payment to govt. department under challan no 281.

        But payment made together in one challan for two quarter.

        Now how can prepare tds return

for example.

liability for 1st quarter is rs.100 and for second quarter is rs.50

But due to mistake one payment made for rs.150

Best Answer:

You can just make another payment of Rs. 50 for the quarter and adjust the amount already paid against any other payment due to the client.

Or else if there is no payment due then you can give excess credit to any of the deductee and claim from them. This is neither your client nor the deductee will be at loss.