Tds
This query is : Resolved
17 January 2015
I was not aware (in q1 & q2) of deducting tds on certain payments, but as I came to know (in q3) I started deduting. Thus because of this tds due to be deducted for payments made in Qtr 1 & qtr 2 I had deducted the same in q3.
But while fillin return the same was shown as deducted in q1 and deposited in q3 and the return for the same was filed in q3.
Thus attracting 2 things:
1. INTEREST FOR DELAYED PAYMENT
2. Delay in filling return (234E)
Now in order to avoid penalty for late filling what can I do.
But while fillin return the same was shown as deducted in q1 and deposited in q3 and the return for the same was filed in q3.
Thus attracting 2 things:
1. INTEREST FOR DELAYED PAYMENT
2. Delay in filling return (234E)
Now in order to avoid penalty for late filling what can I do.
18 January 2015
You show it as deduction in q3 so that only 1% interest is payable.
Delay in filing of return will not arise.
Correct the TDS return.
Delay in filing of return will not arise.
Correct the TDS return.
18 January 2015
But the same was shown in the Q1 return, now is there any way to rectify?
18 January 2015
you can rectify the return.
18 January 2015
can you please elaborate as to how i can show the details wrongly shown in the return for Q1 and show the same in the return for q3?
19 January 2015
Enter zero in all the amounts you entered in q1. Deletion record can be done if possible.
Enter the details in q3.
See the link for correction.
https://www.tin-nsdl.com/etds-etcs/eTDS-RPU.php
Enter the details in q3.
See the link for correction.
https://www.tin-nsdl.com/etds-etcs/eTDS-RPU.php
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