27 August 2008
Actually we have deducted tds from various parties under different sections for the financial year 2007-08. However, we didn't remitted the same to central government within due dates.But we have deposited on 31st march,08 as a whole.
We are in dilema how to file return for the a.y 2008-09.
28 August 2008
There are two solution for these problem
case 1. if tax is also deducted in last quarter
if the ur client has deducted the tax in the last quarter for all the quarter and deposited the same also in one challan then fill only q4 return and show the all tax deducted in one return .while filing this return please keep in mind the provisions of the section 40 (a)(ia) also.
case-2:if your client has deducted the tax from the deductee's in respective qtr but deposited the tds in one quarter then file the return of respective qtr and in challan detail fill the challan deposited with full amount and not the amount assigned to the challan in respective qtr means each qtr in challan detail you fill the actual amount deposited in the challan so that challan detail are matched with details available with the NSDL
while implementing the above suggestion pls keep in mind section 40(a)(ia) provision so that no dis allowance of expenses may be happen
I assume here that you have deposited separate challans for each section
CAclubindia
