Tds

This query is : Resolved

Vimal Raj M (Querist)
Follow

05 March 2013 Hi,

I have deducted the TDS u/s 194C instead of u/s 194J as per details given below:

Apr’12 – Rs.10000/- - TDS@2% - Rs.200/-. (Already TDS return filed – Q1)

I have decided to remit the difference amount on or before 07.03.2013 (94J – Rs.1000/- - 94C – Rs.200/- Diff Rs.800/- to be remitted). My doubts are as under:

Please let us know

a) While remitting the difference amount in which section to be mentioned in the challan.

b) While filing TDS return for the 4th Quarter for FY 2012-13, in deductee sheet – What amount I have to mention in the amount paid / credited column.

GN Patankar

GN Patankar (Expert)
Follow

06 March 2013 Dear Mr Vimal,

you have to file revised return for I qtr showing amt Rs 10000/- in deductee column & remmit diff of TDS Rs 800/ u/s 194 J with Intt @ 1.5% pm from the due date to the date of remmitance ie May-12 to Feb-13= 10 months. No impect on 4th qtr because it is related to I qtr. Hope it is sufficent.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Phani

Shantaveeresh Manur

SIVALINGAM

mahendra zaveri

vinal

Subscribe Now

Tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Article Assistant

Accountant

CA Final

GST CONSULTANCY

Manager- Finance and Compliance