Revising salary on 24Q Q4 FY 25-26

Hi all, 
  for fy 25-26 Q4, 24Q...director salary was recorded 12 Lakh with nil TDS....now while finalising books...salary was extended to 18 lakh th journal entry and self assessment tax with interest on 8 L was paid by director himself. Now, co has to revise statement 24q from 12 L to 18L...since tax has been borne by deductee himself deductor would not pay tds. but how to handle traces, i fear after updating salary upto 18L , traces could raise a TDS demand with interest , isn't it. pls reply.
thanx

Vikas 

Replies (2)
Quick Summary
This discussion addresses how to revise Form 24Q when a director's salary was initially recorded at £12 lakh but later adjusted to £18 lakh for FY 25-26 Q4. The director personally paid the self-assessment tax and interest on the additional £8 lakh. The core concern is whether revising Form 24Q to reflect the higher salary will trigger a TDS demand from TRACES, even though the company didn't deduct TDS. The advice provided suggests that updating Form 24Q to £18 lakh is possible without double TDS. A CA-certified Form 26A confirming the director's tax payment should waive the principal TDS demand, with the company potentially only liable for interest from the due date to the payment date.

The company can safely update Form 24Q Annexure II to ₹18 Lakhs without paying double TDS. The principal TDS demand raised by TRACES will be completely waived upon submitting a CA-certified Form 26A confirming tax payment by the director, leaving the company liable only for interest under Section 201(1A) from the tax due date to the date the director paid the tax.

thanx sir, ur reply is very viable...actuall director has paid tax including late interest as well...so i expect interest would also be part of waiver,right? can u pls guide me practical process step by step as to how to get 26 AS certified by ca. so that i may proceed to correction of 24Q.

regards

Vikas

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