Revised retrun for Transporter

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This discussion addresses how to handle a revised TDS return for a transporter whose PAN was not linked to Aadhaar, resulting in a short deduction notice. The process involves adding the paid demand challan to TRACES, requesting a Conso file, editing the transporter's entry to show the deduction, and adjusting it against the challan. It's advised to recover this TDS amount from the transporter now that their PAN is linked.

sona1

sona1 (Querist)
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28 November 2023 Note that we have already submitted our 26Q2,2023 Return timely and here shown one Transporter whose one bill taxable Value Rs. 32,500.00 but not deducted any TDS (i.e. 0%) because Transporter given us Declaration for Not Deducted TDS Purpose.

After Return submitted Department issued us short Deduction Notice Rs. 7150.00(including Interest) because Transporter Not Linked his PAN with Aaddher.

Note that We already paid this above demand amount and Online Added our Challan Details in statement on Trace website and create conso file.

Now our Question is how to show this paid demand amount in revised TDS return (CONSO FILE) .

RAJA P M

RAJA P M (Expert)
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03 December 2023 https://taxguru.in/income-tax/action-late-payment-interest-defaults-quarterly-tds-returns.html

Manish

Manish (Expert)
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03 December 2023 First, you need to add this demand challan. See the process here -https://www.profzilla.com/articles/post/how-to-add-challan-to-tds-at-traces-online

After this addition, request the Conso file, edit the transporter's entry, show the deduction, and adjust it with the challan.

If the transporter has now linked its PAN, he can take this TDS credit so don't forget to demand this amount from the transporter.

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