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Revised tds return

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Querist : Anonymous

Querist : Anonymous (Querist)

15 October 2012 We filed TDS return Apr 12 to June 12. But we received installation bill in July. Bill date is 24.06.2012 Rs. 110000/-. We deduct TDS 1% Rs. 1100 in July 12 and paid in August 12 with interest from 24.06.2012. When we filed TDS return July 12 To September 12 we showed above entry in TDS return 2nd quarter.(But date of deduct TDS is 24.06.2012.
We need to file revised return for quarter 1st April 12 to June 12 due to above 24.06.12 entry?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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15 October 2012 Yes, you have to file a revised return for the first quarter as you are crediting and deducting TDS on 24.06.2012, a date relevant to the Q1.
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In case you credit the bill on 1.07.2012 in your accounts, then you can show the transaction in Q2 return.
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