Adjustment of the excess paid towards the tax liability of ...
Excess Tax Payments Can Be Carried Forward to Offset Future Liabilities Until Fully Adjusted.
August 12, 2019
Case Laws Service Tax AT
Adjustment of the excess paid towards the tax liability of subsequent months - where such excess tax paid is more than the tax liability of the succeeding month/quarter, the only and most natural consequence is that the balance remaining would have to be invariably carried forward, to be adjusted in the subsequent succeeding month/s.
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