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TDS CHALLAN

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This query is : Resolved

Vijay Parmar (Querist)

31 May 2010 i have prepare month wise tds challan (94I) Rs. 600 from December 2009 to May 2010. i.e. 6month = 6 Challan (AY 10-11 : 4 challan AY 11-12 : 2 CHALLAN)in 6 chq. but bank officer tell the party to issue only 1 chq. and also bank officer done correction in chq and challan also to avoid his work. only challan issue 600*6=3600 for AY10-11 & 11-12. how can file my tds return ??????? please tell me?

E V SRI KRISHNA

E V SRI KRISHNA (Expert)

31 May 2010 The Challan must be associated with the A.Y. Therefore, a single challan cannot be used for two different assessment years. So, go to the bank and get the correct details, viz., to which A.Y. the amount of Rs.3,600 was reported by the bank. If the year is A.Y.2010-11, then you need to file e-tds return accordingly and claim refund. But, you need to pay separate challan for the F.Y.2010-11. If the year is reported as A.Y.2011-12, then you need to pay for the earlier year. Eitherway, a single challan cannot be split into two different years. It is not possible for the banker as well as the deductor.

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