Tds

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2013 I have deposited TDS challan through online mode. I had to pay both TDS and interest on late payment of TDS. But I have made a mistake. I have deposited the total amount (i.e. TDS amount and interest) in the column of Tax amount payable. Can I revise the challan or is their any solution to revise this problem?

Please help me out as soon as possible.

@VaibhavJ

@VaibhavJ (Expert)
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28 July 2013 Hi

Pl refre: https://www.tin-nsdl.com/oltas/oltas-note.php

HTH//Vaibhav

Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2013 I am not getting the exact solution through this link.

The situation is like that I had to deposit Rs. 40000/- (37000/- for TDS and 3000/- for interest on late payment). But I have enterd the total amount i.e. Rs. 40000/- in the column of TDS payable and have written nothing in the column of interest payable.

What should I do now?

Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2013 Plz help me out.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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28 July 2013 No issues. Just show the allocation in your TDS return. No need for any correction in challan.

Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2013 If i do so, i.e., if i indicate the bifurcation of TDS and interest in my TDS return, will my return be accepted. Are their any chances of interest demand to be raised by ITD?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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28 July 2013 No issues, you can show the tds and interest amount correctly in the return. your return also will be accepted and no demand will be raised by department also.

Querist : Anonymous

Querist : Anonymous (Querist)

28 July 2013 Thankyouu all of u for your help and replies.

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