banner_ad

Double return of single transaction (help....!!!)

TDS / TCS 596 views 4 replies

 

When i was preparing list for monthly tds return, i made a mistake, i submitted reutrn 2 times of single transaction. now i have to adjust that entry. how can i  make adjustment. plzzzzzzz help and advise me

Replies (4)

If you file two returns for single transactions normally the tin central system rejected the second return. You go to the site and see the status of the quarterly return and you may find the second return was rejected. If not send a letter to tin asking to ignore the second return

Dear sir thanking you, but it happened, i deducted TDS amount on contractor's payment. We pay to contractor every month.. i deducted the TDS amount for the month of nov. the bill date was 29 nov. so i deducted TDS on nov month but we make payment  on december for that bill of november. so when i prepared list of tds for the month of december, i again included tha same transaction.. in this way i have deducted tds 2 time for the same transaction. and this return cleared. when i recheck for tds. i found this mistake. so what should i do for adjustment..........

Dear Shailaendra

Then you may file revised return by returning the tds amount to the contractor. In the revised return you may show the amount in (-) symbol.The payment made may be adjusted for some other contractor or you may request the ITO (TDS) for refund

yes this is correct solution. Mens when i will prepared TDS list for  this January then can i show that amount in minus(-) figure ???


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details