Wrong section tds
This query is : Resolved
18 September 2014
Dear Sir
Our co has booked the exhibition stall of Rs. 150000, and deduct the TDS under section 194 C and filed the return. But actually TDS deposit under section 194 I (RENT) instead of 194 c. What should i do, submit the balance amount tds or not??Plz suggest me??
Our co has booked the exhibition stall of Rs. 150000, and deduct the TDS under section 194 C and filed the return. But actually TDS deposit under section 194 I (RENT) instead of 194 c. What should i do, submit the balance amount tds or not??Plz suggest me??
18 September 2014
Check out the challan correction mechanism from below link---
https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
18 September 2014
Also check out this recent update issued by TDS CPC from below link-
https://contents.tdscpc.gov.in/en/tdscpc-communication69.html
https://contents.tdscpc.gov.in/en/tdscpc-communication69.html
19 September 2014
But sir our invoice amount in less than Rs 180000, than we are not liable to pay the tds under section 194 i. It should deposit the balance tax or not??
19 September 2014
You can file form 26B to claim refund.
Check the etutorial from below link--
https://contents.tdscpc.gov.in/docs/e-Tutorial%20-%20Refund.pdf
Check the etutorial from below link--
https://contents.tdscpc.gov.in/docs/e-Tutorial%20-%20Refund.pdf
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
