Tds payment in wrong section

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sarandeep singh (Querist)
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29 April 2014 WHILE MAKING ONLINE PAYMENT OF TDS, I HAVE PAID AMOUNT U/S 194A INSTEAD OF 194IA. HOW TO RECTIFY THE SAME?
CAN I ADJUST THE PAYMENT MADE U/S 194A WITH WHAT I HAVE TO PAY U/S 194IA?
PLS TELL ME THE FULL PROCEDURE TO RECTIFY IT FULLY.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 you cannot make inter-section adjustment. you need to approach AO to amend the challan details.

Annu Agarwal

Annu Agarwal (Expert)
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29 April 2014 Well Nikhil Ji i have a different view point.Though i dont hve any documetary proof of same,but the TRACES helpdesk say that inter-section adjustment is possible.They also suggested ,that we just need to approach the AO for the rectification and we can adjust the same.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 Annu. Can you share the helpdesk link?

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Annu Agarwal

Annu Agarwal (Expert)
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29 April 2014 Yeah sure Please call on TRACES toll free number 1800 1030 344.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 Annu,

See the basic problem:

CPC processes the return without any manual intervention. they reject returns and raise demand for minutest of errors. filing under different section or splitting challan amount against different sections would invariably cause rejection of return or raising etc demand.

easier way out is to approach AO, get the section changed in the records and file the proper return.

Annu Agarwal

Annu Agarwal (Expert)
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29 April 2014 How to approach the AO,is there a proper procedure or we just need to write to him or visit him

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 as such only written request is sufficient. but we all know how tax department works...so personal visit is always advisable.

Tax department has notified the whole procedure for this, please refer:

https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf

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