tds

dear sir/mam

i(deductor) deducted tds on interest but due to non availability of PAN of all deductee i keep some amount of tds on seperate challan (as no individual credit to given any deductee). return of e-tds field as well.(ay 2010-11)4tb qua 26q4.

now deductee has allted PAN so how can get credit of tds to individual a/c?

Replies (3)

you can revise your tds return

Simply revise your return
 

You can file a correction statement of the quarterly returns already filed.

What are the different types of corrections that can be made?

The following are the various types of corrections that you can make to an accepted regular TDS/TCS statement:

  1. Update deductor details such as Name, Address of Deductor. This type of correction is known as C1
  2. Update challan details such as challan serial no., BSR code, challan tender date, challan amounts etc. This type of correction is known as C2.
  3. Update/delete /add deductee details. This type of correction is known as C3.
  4. Add / delete salary detail records. This type of correction is known as C4.
  5. Update PAN of the deductee or employee in deductee/salary details. This type of correction is known as C5.
  6. Add a new challan and underlying deductees. This type of correction is known as C9.
  7. Cancel accepted statement. This type of correction is known as Y. Regular TDS /TCS statement can be cancelled only if the TAN of the deductor is to be corrected. After the regular statement with incorrect TAN is cancelled a regular TDS / TCS statement with the correct TAN should be filed.

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