04 June 2026
We had TDS liabilities pertaining to FY 2025–26 under Sections 194C, 194J, and 194T. However, while depositing the TDS, the payment was inadvertently made under FY 2026–27 instead of FY 2025–26. Under the new Income-tax provisions, TDS for multiple sections is deposited through a single challan rather than separate section-wise challans. We now intend to rectify the challan and align the payment with the correct financial year, i.e., FY 2025–26. In this context, we seek guidance on: How the challan amount should be bifurcated among Sections 194C, 194J, and 194T for the purpose of filing a revised TDS return.