Correction statement for form 26q on account of levy u/s234e

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2014 I want clarification for this situation:

a) Q2 FY 2012-13 TDS return was filed late.

b) Fee levied u/s 234E plus some interest due for late payment.

c) I paid above penalty but included challan amount in TDS for then current quarter, Q1 FY 2013-14.

Now, how should I correct the above?

a) I have prepared to file correction for Q2 FY 2012-13 return.

b) When preparing correction for Q1 FY 20-13-14 return--to remove the challan for penalty payment made, I am not able to do so in RPU 3.8.

Can someone guide me on this?
Thanks very much.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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08 January 2014 unfortunately, challan cannot be deleted during the correction.

revise Q2 by adding the challan...let Q1FY 2013-14 remain like this for time being...as and when you receive any notice, present before the AO regarding challan in Q1 return.

Querist : Anonymous

Querist : Anonymous (Querist)

09 January 2014 Thank you.

How does one contact and clarify this to the AO at a later stage, as everything is now over email and online?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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09 January 2014 see, once you revise the return against which the notice was issued, the demand will abate.

the only question that may arise later is a challan in Q1 2013-14 being reflected needlessly. that cannot result in raising any demand! so even if any query is raised, you can go and meet the jurisdictional AO for the same.

Querist : Anonymous

Querist : Anonymous (Querist)

09 January 2014 Thank you for the clarification.

CA Sanjeev Kr Jain

CA Sanjeev Kr Jain (Expert)
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13 January 2014 q-1 challan which includes penalty can be shown in both the correction returns

the challan amount to be taken at full in both returns

consumption should not be more than challan amount

9811274429

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