Late payment of tds

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A company X Pvt. Ltd. Deducted TDS form an individual contractor and an individual for rent in June 2012 (i.e. FY. 2012-13). That Co. didn’t deposited TDS. Co wants to deposit TDS now in March 2014.

 

  1. How should that Co. Should proceed with the TDS returns this Quarter Q4 of 2013-14.
  2. Co. Should revise the TDS return of that Quarter (Q1 of 2012-13) or Treat that as this months Deduction (i.e. Q4 of 2013-14)?

Help me, Thanks in Advance.

Replies (1)

The challan should be paid for F.Y. 12-13 only,

TDS returns of Q4 of 13-14 will not be effected by this payment, 

Only TDS returns of 12-13 has to be rectified accordingly

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