Tds challans not uploaded by bank to oltas


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 October 2014 Dear CA Fraternity

On 08.10.2014 I have remitted TDS for the month of September 2014 of my Pvt. Ltd. Company through Internet Banking from State Bank of Hyderabad under Sections 194 C , 194 H & 194 J . All the payments were successful and Challans were generated with CIN.
Now when I verified the above Challans ( for filing of E TDS Returns for Quarter 2 ) in OLTAS under Challan Status Enquiry of NSDL website , either on CIN Based or TAN Based , its being displayed as "Record not found " even after 5 days.

When I contacted NSDL through E -mail , I was asked to contact the Bank where amount was received and resolve out the issue .

Now E-TDS returns have to be filed on or before 15.10.2014 else penalty under Section 234 E would be attracted.

If I pursue the matter with the Bank there may be a chance that Challans may be uploaded either by 15.10.2014 or later.
If within 15.10.2014 it is O.k then there is no issue at all.In case if there is delay , what options are available before me to avoid penalty under Section 234 E ?

1. Should I file TDS returns with the above unmatched Challans ?

or

2. Ignore these challans and file TDS Returns comprising of July and August Chalans only and after the matter is resolved with Bank w.r.t September Challans , I file a revised return once again.

If doing so will there be any problem from the Department.

Kindly advise me .





@VaibhavJ (Expert)
13 October 2014 Hi

Since you have CIN generated, file E-TDS return without matching now.

Thanks

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 October 2014 Thanks for the reply and will proceed as above.

@VaibhavJ (Expert)
13 October 2014 You can download CIN file & valdiate return on that basis & file your chalan.

Thanks


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