Self Asst Tax paid challan transferred to TDS paid by Coampany

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This query is : Resolved

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A company mistakenly paid Self Assessment Tax for a director when it should have paid TDS. The advice given is that these are separate payments and cannot be directly changed. The Self Assessment Tax paid will likely be refunded to the director during their individual tax assessment, while the company must separately deduct and pay the correct TDS.

Keyur

Keyur (Querist)

05 June 2024 Sir,

I have paid self assessment tax paid by company for one of company's director. Actually company has to pay tds instead of self assessment tax.

Can company change self assessment tax to tds payable by company ???

please reply me at the earliest.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

05 June 2024 No. both challans are different. You deduct TDS separately & pay to treasury. The SAT will be refunded to director, while assessment of his individual ITR.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

16 September 2025 Good Luck..

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