Correction in form 26qb
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 February 2014
I fillled particulars in challan as more than one seller but due to mistake total TCS was credited only in account of one seller instead of two seller. is there is any procedure to carryout this correction
24 December 2014
It is not possible to allocate tds amount in one challan to two sellers.
You need make payment twice in these cases.
So just give TDS certificate for seller for which you have already made payment.
And for the remaining seller also deduct tds as per his percentage of sale consideration and do file form 26QB
As you are giving tds certificate for tds deducted they may agree for with hold of this tds amount.
You may approach Assessing officer (TDS) for his opinion,,,,,as a last chance
You need make payment twice in these cases.
So just give TDS certificate for seller for which you have already made payment.
And for the remaining seller also deduct tds as per his percentage of sale consideration and do file form 26QB
As you are giving tds certificate for tds deducted they may agree for with hold of this tds amount.
You may approach Assessing officer (TDS) for his opinion,,,,,as a last chance
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