Correction in TDS return

TDS 1296 views 8 replies

One of my client want to make correction in TDS return filed in quarter 2 of FY 2010-11

In earlier return filed by them TDS deducted for one party wasnt considerd 

Now they want to revise their return 

Can this be done now ?

Replies (8)

YES HE CAN DO IT BY REVISE RETURN

BUT FOR THIS PURPOSE FAU FILE REQUIEST MADE TO NSDL

Yes you can furnish revise return as it is within the time limit mentioned under sec 139 (5).

Tushar

 

It is not revised return of income but correction statement of TDS. It can be done. There is , till date, no time limits for filing revised TDS returns or correction statements.

Sir dipjyoti bt ultimatley it will affect the return which is already furnished.

hi,

You can file revised e tds return, provided the same must be filed with in due date

in hurry of filing correction return you should not forget to ensure that there is already a balance in the challan or not.  it is you paid rs.10,000 filed return for the amount equalling that. now if you add 1 more name for rs.1,000 then there is no balance in the challan amount. hence it gets rejected / match pending. For that you have to file 1 more return .

hence before filing you should ensure that there is a balance amount left in the challan or now you pay the challan and file correction return.

He can file the revised return of that quarter.


CCI Pro

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