Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2012 The tds amounting 94000 in which Rs. 50000 is for sec. 94h and remaining 44000 is of sec 94a, the whole amount of Rs. 94000 has been wrongly deposited in bank u/s 94a in financial year 2008-09.

due to mismatch of Chalan amount demand has been raised by IT dept. Now we have to revise the tds return.
plz advise me how to deal this problem.

Sunny Sonwal

Sunny Sonwal (Expert)
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16 October 2012 you have to file corrected return with correct amount in respective section code and you have to file an Indemnity bond to concerned assessing officer for wrong deposit in diffrent section and you have to pay intrest as well from the date of deposit.

In Indemnity bond (which might be Rs 100 or more) all these details to be submitted to assessing officer.

Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2012 thnnx a lot sir