Rectification for ay 18-19

Efiling 232 views 5 replies

One TDS  in 26 AS  came late because my client filed late TDS return

I had taken this in original return.  i got partial refund. 

I need to file rectification. The system says schemea ver 1.1 at line 16 is invalid.

If i down load latest XL version  whether  additional penalty for late filing will be charged?

Only TDS mismatch in  143(1) needs to be resloved.  Or whether reprocess the case is better option.

Replies (5)
Why not you ll revise the return...?
Dear Shirish,

In my opinion you could proceed with the following options:

1. File Rectification u/s 154. If TDS has been updated late then after rectification it will be taken care of. (No question of Penalty because it's not a return but Rectification to Return and return has been already filed).

2. Second option is to simply Revise the Retrun (if it is filed withing due date). You can do the necessary changes in that and thereafter you TDS will be considered. Even in that case No question of penalty because revise return considered to be filed from date of Original return.

You can take the necessary option as per your case.

Thanks. Be Helpful to One Another!

@ Nitesh Bind

1) Three options are there for rectification  a) changing schedules b) Reprocess the case

c) 234C issues  .  In changing the schedules  further 15/16  options are there and one of them is tax credit.  Since no data is changing same X M L file  uploaded earlier can be loaded 

BUT i used PR3 XL version  and now PR6 version going on. I have to retype the entire data in XL. Old XML files cannot be uploaded. Schemea error it gives.

2) Revision is not an option because no data is changing. This also involves retyping the whole thing.

Thanks RAJA and  Nitesh for replying.

Just wondering whether reprocessing will help.

 

I think there are various Software through the use of which you can directly import the old XML and create the new one as per Current Schema. e.g. Webtel. So I think you can try that.

Second thing, You can simply apply for reprocess because if you opt for that and if there are any mistake apparent then they will automatically go through the entire return and correct that.

So, You may proceed with these options.

Thanks.
( no data is changing)
Mr SHIRISH S S....


If any single penny or figure is changing then "Data almost change"

If Your TDS is updated then Data changed You will rectify this one...

Any one of the above Use Your old filing reference number. Then You can avoid the Late Fee.


CCI Pro

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