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Can we pay tds in 1 challan for corporate / others

TDS 506 views 2 replies

Valerian Dsouza

Manager Audit & Taxation

413 Points Joined August 2007

We have got an intimation from CPC (TDS) Advisory that 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.

I just wanted to know, whether we can pay TDS in single challan for corporate deductees and non corporate deductees as well!

Experts, kindly advice please. Thank you very much.

Thanks and regards,

Replies (2)

Shruthi

Article Assistent

336 Points Joined April 2012

TDS has to be paid separately for corporate & non corporate deductees, since it is clearly mentioned in TDS challan.

Valerian Dsouza

Manager Audit & Taxation

413 Points Joined August 2007

Thank you so much Shruthi Madam,

Just want to reconfirm the same, in view of following information from CPC (TDS)
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.
Again, thank you so much.