TDS deposited under wrong section

This query is : Resolved

DEBAPRIYA DUTTA (Querist)
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12 June 2020 In the month of March'20 we have to deposit amount of Rs.2,000/- as TDS under 194C & Rs.14,000/- under 194J but we deposited the entire amount, i.e. Rs.16,000/- under 194C by mistake. Preparation of return is pending but payment challan was generated. What can be done in this regard?

Regards,
Deb

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 June 2020 No problem file TDS return rightly with the challan it will be accepted.
Section mentioned in the challan will not be considered while filling TDS return.

PARAS CHHAJED

PARAS CHHAJED (Expert)
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14 June 2020 The TDS payment is important and section is not so important. Sections are meant for statistical purposes. Even if Assessment Year is mentioned wrong then you may file your return with A.Y. +/- 1 year. Go ahead and file your TDS return timely to avoid late fee.

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