ERROR IN TDS RETUN

TDS / TCS 594 views 5 replies

A Murthy

Article Student

10 Points Posted on 02 November 2021

Hello my name is Ananth,

I have a query on TDS returns.

I have filed Q2 FY 2021-22 26Q

there was a short deduction due to some miscalculations and we have paid that amount and at the time of filing i got to know that the calculations was wrong and we have paid less amount.

There were 3 Invoices for which TDS was deducted on 194C section 2% so i was able to adjusted only 2 Invoices from the challan and used previous challan which we paid extra in pervious year under 194J section.

after filing i got short deduction notice and as they say we can adjust from any challan and from any section to other sections.

i tried to submit to correct online but as per the new notification they have stopped online correction for Q2 returns for FY 2021-22 only offline is allowed

so i tried to download Recon file but it say there is a mismatch in challan correct the challan. i cannot correct the challan because we paid it for 194J sections only. There was paid extra so i utilized in this.

what am i supposed to do now? Please advice

Replies (5)

VISHAL JAIN

Self Employeed

169 Points Posted on 02 November 2021

In request for correction option first add challan of 194J to the statement then select add modify deductee option in that select add new deductee under that choose 194J challan and add the 194C 3 rd invoice then submit

CA Aakarsh Jain

10436 Points Posted on 03 November 2021

Agreed

A Murthy

Article Student

10 Points Posted on 03 November 2021

Thank you Vishal Jain....

Can you tell the steps where can I do this.

Where can I find request for correction option

CA Aakarsh Jain

10436 Points Posted on 03 November 2021

Step 1: Login to Traces portal.
Step 2: In defaults tab select Request For Correction.
Step 3: Select the relevant Financial year, Quarter, Form Type and the method of correction as online. A correction request will be generated.
Step 4: Then in Defaults tab go to Track Correction Request and select the option View All.
Step 5: Do the required correction by clicking on the request available.
Step 6: Then file the correction statement from Correction ready for Submission.

Do like the reply if you find it useful and to keep me motivated.

debora M

BUSINESS DEVELOPMENT MANAGER

1697 Points Posted on 16 December 2021

Once you have filed your TDS returns with NSDL, you might realise that there is an error in the returns. This errors can be because of various reasons like incorrect deductions or incorrect challan details or incorrect PAN details of a deductee. Whatever might be the case, the TDS return will have to be revised.