Tds challan

This query is : Resolved

vaibhav (Querist)
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28 October 2014 Due to mistake for April to Jun'14 TDS challans (94C) were deposited having AY 14-15. To file the 1st quarter return we have paid again TDS alongwith interest and made an application to local AO to change the AY in challans.

In 2nd quarter we had not paid TDS upto the amount of wrong TDS challan amount under assumption that they will get rectified. However, before due date challan showing AY 2014-15.

But i have read that now AY and section code are not relevant and on that basis we have filed 2nd quarter return. whether, we will receive notice from CPC on mis-match of TDS challan?

Refer link: http://www.simpletaxindia.net/2013/09/deductor-can-adjust-excess-tds-in-next.html

A.Senthil Subramanian

A.Senthil Subramanian (Expert)
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29 October 2014 VAibav, as per TRACES communication No.27 dated 10-sep-2014, challan remitted in one section may be used for any section payment TDS in the ETDS return. Like this, Challan remitted excessively in one AY can be used for next immediate following AY also. See the following link for additional info, http://contents.tdscpc.gov.in/en/tdscpc-communication69.html.

vaibhav

vaibhav (Querist)
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30 October 2014 Thanks a lot Sir..

But now we have a received a notice from CPC for 2nd quarter for short payment of TDS for these errorous challan amount.

whether we are required to reply to CPC in this regard.??

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