Wrong nature of payment in tds challan

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This query is : Resolved

Hitesh Sachani (Querist)

23 April 2015 dear sir, I have remitted tax in wrong nature of payment. For this letter has been sent to TDS AO in the required format. The query is how much time they take for correction in nature of payment in tds challan? As i am not proceeding for filing of 24Q. Please guide.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

26 April 2015 No issues.

For Deductor’s convenience, CPC(TDS) has established processing logic in the system that can accept a Single Challan for reporting of Tax Deposited in following circumstances:

# Payment of Tax Deducted under different sections of the Income Tax Act, 1961
# The CPC (TDS) system gives credit of TDS against different sections of the Act, even though a specific section has been quoted in the challan.
# Example: The challan used for payment of TDS relevant to Section 192 of the Act can also be used for the purpose of reporting tax deposited under Section 194 of the Act also.

Also see below link in this regard:

https://taxguru.in/income-tax/single-tds-challan-purposesanalysis.html

https://contents.tdscpc.gov.in/en/tdscpc-communication90.html

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