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Correction of tds challan

15 May 2018

an amount of rs 803354 was to be deposited into 5 different heads but wrongly deposited in one head only. what will be the result as per tds provisions and how can it be corrected?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194825 Points)
Replied 15 May 2018

Situation after Financial Year 2012-13................

Section quoted in Challan, at the time of depositing Tax deducted/ collected is irrelevant for the purpose of consumption in TDS Statement.........

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.

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