This is a peculiar case wherein service receiver has posted payment in FORM 26AS say 20.00 lakh but in fact payment is 12.00 lakh only and accordingly TDS was also 1.2 lakh i.e @ 10%. How this excessive payment shown in FORM 26AS can be rectified.
J T Mahavar (Consultant) (97 Points)
09 July 2014This is a peculiar case wherein service receiver has posted payment in FORM 26AS say 20.00 lakh but in fact payment is 12.00 lakh only and accordingly TDS was also 1.2 lakh i.e @ 10%. How this excessive payment shown in FORM 26AS can be rectified.
DINU SUKUMAR
(Audit Manager)
(176 Points)
Replied 09 July 2014
please advise the service receiver to file a revised tds return.
CAclubindia
