How many times tds return can be revised ???

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Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2014 A TDS return was revised first time for FY 10-11 Quarter2 26Q..but still some errors are highlighted on Traces as short deduction & interest on short deduction. I want to file 2nd TDS revised return & want to know which acknowledgement should I use in filling 2nd revised..Should I use the acknowledgement No. of Original return or ack no of 1st revised return for filling 2nd revised return ????

its urgent.......

Kalam

Kalam (Expert)

21 August 2014 Provisional Receipt Number of the last accepted correction statement should be used in "Previous Provisional Receipt Number / Token Number" field.

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2014 Mr. Kalam, Actually I filled TDS return 1st time then I got acknowledgement No. mentioned 18 digits code..against when I filled TDS revised return I got acknowledgement No. Now I want to file 2nd revised return that's why I m confused a bit that which provisional(acknowledgement No0 should I put ??????

Rupesh Jain

Rupesh Jain (Expert)

21 August 2014 if you are making from the software it take automatic last filed return .

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2014 Mr Rupesh Ji, filing 2nd revised return through Saral TDS software...which shows both Original & 1st Revised return PRN/ACK No. It asks for date to be filled, but not mentioned Original or revised return date?? which Date does it ask ? & how many times TDS return can be revised ??????????

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

28 July 2024 Number of Times TDS Returns Can Be Revised
Revisions Allowed:
Revised Returns: TDS returns can be revised multiple times, but there are some practical considerations:
Revised Return Limitations: While the law does not specify a hard limit on the number of revisions, excessive revisions should be avoided as they can indicate issues with the accuracy of the filings.
Practical Limitations: It is advisable to ensure that each revision is done correctly and comprehensively to avoid the need for further revisions. Frequent revisions might be scrutinized by the tax authorities.
Procedure for Multiple Revisions:
Original Return: File the original TDS return as per the requirements.
First Revision: If there are errors in the original return, file the first revised return, correcting the necessary details.
Subsequent Revisions: If additional errors are discovered after the first revision, you can file further revised returns, making sure each revision is accurate and complete.

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