194 IA To be3 paid or credited

This query is : Resolved 
Quick Summary
This discussion clarifies how to report amounts when furnishing TDS returns on Form 26QB. It addresses whether to show the total amount paid plus TDS, or just 99% of the paid amount (excluding TDS). The consensus is to show the total amount paid, inclusive of TDS deducted, and to adjust any differences in subsequent installments. It also confirms that Form 26QB can be revised if needed.

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(Querist)
19 January 2022 while furnishing 26QB TDS Returns amount to be paid shown in 26QB With amount paid + TDS amount or To show only 99% Paid amount ( without TDS Amount ) Please reply . to Generate 16BB TDS Certificate. AND if only paid amount shown 99% is correct or not then 16BB TDS certificate can be revised .
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
19 January 2022 Net sell consideration (i.e. including TDS deducted)
Yes, 26QB application can be revised.
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Daya

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Daya (Querist)
20 January 2022 Sir,
We have paid in instalment then while filing TDS returns 26QB or Issue of TDS certificate 16B
Show Amount Paid Only.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
20 January 2022 Amount paid should be inclusive of TDS deducted.
Now adjust it in next installment.
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