How to clear demands under tds against overbooked challans ?

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This query is : Open

Rohit Kumar (Querist)

13 October 2014 Dear All,

I am receiving so many notices from TDS-CPC regarding payment of demand for the TDS amount which I have already paid in FY 2008-09. After reviewing the facts I came to the conclusion that the particular challan(s) against TDS amount for which demand has been raised is showing status as "Overbooked" in TRACES.

You are kindly requested to please provide me clarification regarding how to deal with these OVERBOOKED challans as TRACES is not able to clarify me what to do to clear the demand liability.

Rohit Kumar

@VaibhavJ

@VaibhavJ (Expert)

13 October 2014 Hi

This case happens when you short utilised one of the chalan & ouver use other chalan.

You can correct this by online correction option.

Go to TDSCPC.gov.in

Go for rectification & select chalan correction, there you can list all chalan short utilised and tag the same in your particular quarter.

Thanks

Rohit Kumar

Rohit Kumar (Querist)

13 October 2014 Thanks for replying Mr. Vaibhav.

But the problem is how I came to know whether a particular challan is short utilized and other one is over utilised?

Also, can you help me whether I should go for revising the return as I have filed Revised Return just a month ago and the TRACES shows the status as rejected.

Rohit Kumar

@VaibhavJ

@VaibhavJ (Expert)

13 October 2014 You know which chalan is underutilized!

So you need to revise E-TDS return for that particular quarter, when you go online for correction system shows all chalans which are short utilised & you can tag that chalan to particular E-TDS quarter and so correction.

Thanks

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 But the Problem still persists as there is no option for tagging/de-tagging a particular challan for a specific quarter.

@VaibhavJ

@VaibhavJ (Expert)

15 October 2014 Check this for guidelines..

https://www.slideshare.net/thesanyamjain/how-to-correct-your-etds-return-online-on-tdscpcgovintraces-website

Thanks

Message likes : 1 times

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 Thanks for the ppt sir.

But my challan status is showing as "OVERBOOKED" and under the list of MATCHED CHALLANS.

@VaibhavJ

@VaibhavJ (Expert)

15 October 2014 Have you made short payment of TDS? If no then there must be other chalan which wuld be underbooked.

Login & check in TDSCPC.gov.in

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 No sir, we have not made any short payment of TDS.

Except that overbooked challan all are showing status as Matched and Consumed. There is no such field or link which is showing UNDERBOOKED in the panel.

@VaibhavJ

@VaibhavJ (Expert)

15 October 2014 There want be underbooked, rather there will be less claimed amount against particlular chlalan.

Di you manage to goto chalan correction part?

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 Yes I am able to open that overbooked challan under the list of Matched Challans.

below details are showing -

4) TDS / TCS (Rs. )*-64
(5) Surcharge (Rs. )*-6
(6) Education Cess (Rs. )*-2
(7) Interest (Rs. )*-0
(8) Levy ^(Rs. )* Payment for demand under section 234E towards Fee for delayed filing of Regular TDS Statement
(9) Others (Rs. )*-0
(10) Total Tax Deposited-72

13) Remaining Available Balance-0

OverBooked Amount - 72
(14) Amount Claimed as 'Total Tax Deposited' (Rs. - 0.00

@VaibhavJ

@VaibhavJ (Expert)

15 October 2014 Ok, Select that line & edit, there new window will open.

There there is option for tagging chalan,

you will get less utilised chalan data there.

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 There is no tagging option appearing in the window.

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 are you on G talk...??

@VaibhavJ

@VaibhavJ (Expert)

15 October 2014 yes, pl send me ur email.

Rohit Kumar

Rohit Kumar (Querist)

15 October 2014 Ok sir...

please note rohitkumar1289@gmail.com