Form 24q related

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2014 Dear Sir,
We are a State govt. office and our salary is paid by treasury office and they deducts tds thereon.
We had filed form 24Q for the 1st, 2nd. 3rd Quarter of FY 2013-2014 however in the absense of correct BIN, CPC has raised demand for short payment for 1st, 2nd, 3rd quarter.

We are unable to quote BIN because treasury office has mentioned TAN No our DDO's, instead of our own TAN, while filing form 24G.

Now please advise me what is the remedy -

1. We should ask treasury to file revise form 24G with our own TAN instead of our DDO TAN.

2. We should file revised return containing nil amount and ask our DDO to file form 24Q.

I am waiting for your opinion.

CA Manish Sharma

CA Manish Sharma (Expert)
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19 March 2014 First you ask our PAO to file correct 24G then check the BIN status on traces. After your BIN corrected then file a correction statement accordingly.

Querist : Anonymous

Querist : Anonymous (Querist)

20 March 2014 Can I get your mobile no. ?

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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25 July 2024 In your situation, where there has been confusion with the TAN (Tax Deduction and Collection Account Number) used in Form 24G filed by the treasury office, leading to CPC (Centralized Processing Cell) raising demands for short payment, here's how you can proceed:

1. **Correcting Form 24G by Treasury Office:**
- Contact the treasury office or the authority responsible for filing Form 24G on your behalf.
- Request them to file a revised Form 24G using your correct TAN instead of the DDO's TAN.
- This is crucial because Form 24G is used to report TDS details to the Income Tax Department. Using the correct TAN ensures that the TDS credits are correctly attributed to your entity.

2. **Filing Revised Form 24Q:**
- Simultaneously, you should prepare and file revised Form 24Q for the respective quarters (1st, 2nd, and 3rd quarters of FY 2013-2014).
- Ensure that the revised Form 24Q reflects the correct TAN and provides accurate details of TDS deductions made on salaries paid.
- If there were any short payments identified by CPC, you can rectify them in the revised Form 24Q.

3. **Communication with CPC:**
- After filing the revised Form 24Q, CPC will process the revised returns and adjust any demands raised based on the corrected TAN and updated TDS details.
- If there are still demands showing after filing the revised returns, you may need to communicate directly with CPC or through your assessing officer to resolve any remaining issues.

4. **Follow-Up:**
- Monitor the status of your revised filings through the TRACES portal (https://www.tdscpc.gov.in).
- Ensure all communications regarding corrections and revisions are documented for future reference.

By following these steps, you should be able to rectify the TAN mismatch issue and resolve the demands raised by CPC for the short payment of TDS. It's advisable to coordinate closely with the treasury office and ensure all corrections are accurately reflected in both Form 24G and Form 24Q to avoid any further issues.

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