Excess TDS paid

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This query is : Resolved

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A user mistakenly booked a job work bill from August 2020 as of March 2020, leading to an incorrect TDS payment adjustment in their Q4 FY 19-20 return. They are seeking advice on how to cancel this TDS from the return and then re-adjust it against the correct bill. The primary issue is that the challan is 100% utilised due to a deductee, preventing simple edits for a revised return filing.

TARIQUE RIZVI

TARIQUE RIZVI (Querist)
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27 October 2020 Respected Sir,
I shall be highly obliged to you, should you kindly please guide me.
On 7th September 2020 we have paid TDS u/s 94-C as of Rs 3 Lacs agains job work bill dated 31-08-20 but inadvertently we have booked the said bill as on 31-03-2020 as against which the said TDS has been adjusted. Conso File for the Q-4 fy 19-20 is showing the said TDS. I have to cancel the said TDS from the TDS Return and later I will show the said TDS as against the bill dated 31-08-20. In such case what should I do ? Please advise me and oblige.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 October 2020 File revised TDS return of Q4 of FY 19-20.

TARIQUE RIZVI

TARIQUE RIZVI (Querist)
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28 October 2020 There is a deductee against the challan and thus the challan has been 100% utilised. If the deductee amount is edited as NIL. The file wont get validated for filing revised return. Sir Can I send you conso file ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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29 October 2020 Put one rupee and try. Still it's not working please take the help of others I have no more idea.

TARIQUE RIZVI

TARIQUE RIZVI (Querist)
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29 October 2020 Tks & kindest regards

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