Rectification of challn 281- wrong type of deductee
This query is : Resolved
07 June 2015
Hi friends
I made a mistake during payment of TDS u/s 94J as I selected company deductee in place of non company deductee.can I ractify it?if yes How?
I made a mistake during payment of TDS u/s 94J as I selected company deductee in place of non company deductee.can I ractify it?if yes How?
07 June 2015
No need for rectification. There will be no issue while filing return.
07 June 2015
Sir somebody told me it will show immediate default at the time of filing return.is there anything like?
07 June 2015
No dear there wont be an issue. There wont be any default.
14 June 2015
No issues even if TDS deposited under wrong section.
For Deductor’s convenience, CPC(TDS) has established processing logic in the system that can accept a Single Challan for reporting of Tax Deposited in following circumstances:
# Payment of Tax Deducted under different sections of the Income Tax Act, 1961
# The CPC (TDS) system gives credit of TDS against different sections of the Act, even though a specific section has been quoted in the challan.
# Example: The challan used for payment of TDS relevant to Section 192 of the Act can also be used for the purpose of reporting tax deposited under Section 194 of the Act also.
Also see below link in this regard:
https://taxguru.in/income-tax/single-tds-challan-purposesanalysis.html
https://contents.tdscpc.gov.in/en/tdscpc-communication90.html
For Deductor’s convenience, CPC(TDS) has established processing logic in the system that can accept a Single Challan for reporting of Tax Deposited in following circumstances:
# Payment of Tax Deducted under different sections of the Income Tax Act, 1961
# The CPC (TDS) system gives credit of TDS against different sections of the Act, even though a specific section has been quoted in the challan.
# Example: The challan used for payment of TDS relevant to Section 192 of the Act can also be used for the purpose of reporting tax deposited under Section 194 of the Act also.
Also see below link in this regard:
https://taxguru.in/income-tax/single-tds-challan-purposesanalysis.html
https://contents.tdscpc.gov.in/en/tdscpc-communication90.html
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