Hi Friends,
I had a doubt, for the month Nov'12 TDS , we deducted tds u/s 194 J but we paid the amount u/s 194 C ( same amount @ 10% ), in creates problem in e-filing . How we can correct the rectify the error.????
Thank you for the replay....
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Regards tds
Replies (2)
If your mistake was made in challan. For details I added a Link below.Go throw ones
https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
Paramesh,
No it doesn't create any problem as this won't result in short-deduction. However the reverse case of deducting under 194C and showing the same under 194J in the TDS return result in Demand notice by ITO-TDS.
Nevertheless, you may correct the challan as per the circular referred to by Manikanth.
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