Information related to tds not deducted but itr filed.

ITR Filing 521 views 6 replies

Pradeep

software engineer

26 Points Posted on 31 July 2013

Hi,

My Name is Pradeep. In this financial year, I worked for 2 Companies. But According to form-16 from both companies, first company deducted more TDS then the actual(TDS Calculated on the basis of Yearly Salary) and second company didn't deducted any TDS(Calculated on the basis of rest of months till financial year ends). According to Second company I am not tax liable according to there Salary sturucture. Even I already provided form 12B from first company to second company.

After this, I filed ITR online and when I submitted my ITR, in the confirmation page its showing balance 17K amount to payable as Tax. Now I want to know that, When I will get intimation from Tax Department to deposit this Tax and how much interest will be calculated from which date.

Please help me in this and tell me if there is any problem, If I filed the ITR without depositing the rest of TDS through challan/any other way.

Thanks

Pradeep

Replies (6)

Aman

Finance Professional

604 Points Posted on 31 July 2013

ya there is a problem that this return might be treated as defective return due to non-deposit of tax........

Pradeep

software engineer

26 Points Posted on 31 July 2013

Originally posted by : Aman
	ya there is a problem that this return might be treated as defective return due to non-deposit of tax........

Hi Aman,

Thanks for Reply. So please tell me what Can I do now.

Thanks

Aman

Finance Professional

604 Points Posted on 31 July 2013

i think you should file revised return after deposit of remaining tax...but i am not much sure about this....w8 for others reply....

Pradeep

software engineer

26 Points Posted on 31 July 2013

Originally posted by : Aman
	i think you should file revised return after deposit of remaining tax...but i am not much sure about this....w8 for others reply....

ok. I already discussed this with CA. Few are saying about this u/s 139-9 Defective Return Clause, according to this I can get some time from Taxation department for revised this.

u/s 139-9 Defective Return Clause

Aman

Finance Professional

604 Points Posted on 31 July 2013

ya if there is a demand from Assessing officer u/s 139(9) to rectify the return..he gives 15 days from such intimation to the assessee...

Dipjyoti Majumdar

CA in service & CS. dipmaj@

3505 Points Posted on 31 July 2013

On the basis of your income declared the due tax has to be paid by way of self assessment tax. Better pay it voluntarily rather than waiting for the Dept to respond.

Thanks,