Hi,
we are facing a problem during filing of TDS return for Q4 (FY 17-18). Pls. find below detail for the same:-
I) we've received an invoice in Feb'18 from one of our vendor for the month of Sept'17 to Nov'17. upto Aug'17 the PAN for the said vendor was under propitorship firm. From Sept'17 onwords vendor changed his/her firm from propitorship to partnership showing the Firm PAN no. over the invoice (keeping the same Firm name) but TDS has been deducted on the basis of 1% (propitorship) rather 2% (partnership) & the said TDS has been deposited within the due date.
II) In the month of Mar'18 it has been observed that the PAN no. has changed to partnership & the balance 1% (2% - 1% =1%) TDS has been deducted on the bill amount & deposit the same along with Interest in the month of Apr'18.
Pls. help me out what should I show in the "Amt. paid/credited" column during TDS return for Q4 normally it would be "Zero" as we deposited balance TDS along with interest in Apr'18. If we show the bill amt. again it would be wrong/doubling the bill amount & being the "zero" bill amt. we shall not be able to validate TDS return for Q4.
Regards,
Biswanath D
(mail ID-tathagata.dey04 @ gmail.com)
CAclubindia
