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Correction process - tds

TDS 415 views 3 replies

Dear Mates, 

 

I filed my TDS Return 26Q for the quater Jan - March 2016, and now i got message on status of the return filed as under 

Correction Process

Regular Statements processed without defaults u/s 200A

Regular Statement filed is processed without defaults u/s 200A

Regular Statement for Q4 of FY 2015-16 for Form 26Q filed by you through TRACES / TIN has been processed by Income Tax Department (ITD) u/s 200A and no defaults have been identified for this statement.

unfortunatly I ticked Minor Head as 400 (Tax on Regular Assesment) in place  of 200 (Tax Payable by Assessee) u/s 194-J in one of the e-challan in above statement. 

now my querry is still i need to rectify this Minor Account Head ? or Not?

please help 

Replies (3)
there is no need to rectify the return.

but my querry is " is it necessary now ? to file a rectification for Minor Account Head from 400 to 200"
 

Its ok if you dont revise. its discripttion of payment type. minor head 400 is paid against notice liability raised and minor head 200 paid againt self asses liability

https://www.sgrtax.in


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