Wrongly credited tds amount
This query is : Resolved
CS Kaushik Kundu
(Querist)
13 October 2014
A company deposited TDS to the bank. Bank wrongly credited the same amount to another company. As a result, challan status in TIN Nsdl is not showing deposited amount in the name of the 1st company. The bank admitted its fault and sent letter to concerned TDS Ward where 1st company falls. But 15th October is the last date of 2nd quarter TDS Return. Under this circumstance, what should the company do? Thanks in advance.
15 October 2014
Its Better to remit a fresh challan and file this Quarterly return. Then if TDS ITO cleared the problem, you may use that challan for next quarter return payments.
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